Index Trend Analysis Report
Prepared for you on Thursday, November 21, 2019.
Dow Jones U.S. Financials Total Stock Market Index (INDEX:DWCFIN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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 DWCFIN
The long term trend has been UP since Sep 18th, 2019 at 7117.66
The intermediate term trend has been UP since Oct 21st, 2019 at 7086.16
The short term trend has been DOWN since Nov 20th, 2019 at 7289.13
Smart Scan Analysis for DWCFIN
Based on a pre-defined weighted trend formula for chart analysis, DWCFIN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||6968.53||52wk High Date||2018-01-29|
|52wk Low||6099.87||52wk Low Date||2018-10-26|