Index Trend Analysis Report
Prepared for you on Saturday, October 19, 2019.
Dow Jones U.S. Tires Index (INDEX:DJUSTR)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DJUSTR
The long term trend has been DOWN since Sep 3rd, 2019 at 38.72
The intermediate term trend has been UP since Oct 15th, 2019 at 52.02
The short term trend has been UP since Oct 11th, 2019 at 49.09
Smart Scan Analysis for DJUSTR
Based on a pre-defined weighted trend formula for chart analysis, DJUSTR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||125.14000000||52wk High Date||2018-01-24|
|52wk Low||68.23000000||52wk Low Date||2018-10-26|