Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
Dow Jones U.S. Beverages Total Stock Market Index (INDEX:DWCBVG)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DWCBVG
The long term trend has been UP since Apr 1st, 2019 at 7840.70
The intermediate term trend has been UP since Aug 19th, 2019 at 8730.57
The short term trend has been DOWN since Sep 16th, 2019 at 8769.12
Smart Scan Analysis for DWCBVG
Based on a pre-defined weighted trend formula for chart analysis, DWCBVG scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8184.97||52wk High Date||2018-01-29|
|52wk Low||6880.55||52wk Low Date||2018-05-15|