Index Trend Analysis Report
Prepared for you on Sunday, May 26, 2019.
DJ US HEALTH CARE EQUIPMENT & SERVICES (INDEX:DWCHCE)
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 DWCHCE
The long term trend has been DOWN since Dec 17th, 2018 at 17839.65
The intermediate term trend has been UP since May 6th, 2019 at 18817.64
The short term trend has been UP since May 16th, 2019 at 18435.14
Smart Scan Analysis for DWCHCE
Based on a pre-defined weighted trend formula for chart analysis, DWCHCE scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||20108.17||52wk High Date||2018-10-01|
|52wk Low||15348.31||52wk Low Date||2017-12-06|