Index Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
Dow Jones U.S. Fixed Line Telecommunications Total Stock Market Index (INDEX:DWCFTL)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 DWCFTL
The long term trend has been UP since Apr 1st, 2019 at 1147.81
The intermediate term trend has been UP since Jul 29th, 2019 at 1244.05
The short term trend has been DOWN since Sep 16th, 2019 at 1364.12
Smart Scan Analysis for DWCFTL
Based on a pre-defined weighted trend formula for chart analysis, DWCFTL scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1464.87||52wk High Date||2018-02-01|
|52wk Low||1055.2||52wk Low Date||2018-10-26|