Index Trend Analysis Report
Prepared for you on Wednesday, November 13, 2019.
Dow Jones U.S. Household Goods & Home Construction Total Stock Market Index (INDEX:DWCHHG)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 DWCHHG
The long term trend has been UP since Nov 28th, 2018 at 6410.46
The intermediate term trend has been DOWN since Nov 12th, 2019 at 7879.03
The short term trend has been UP since Nov 13th, 2019 at 7967.60
Smart Scan Analysis for DWCHHG
Based on a pre-defined weighted trend formula for chart analysis, DWCHHG scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7245||52wk High Date||2018-01-22|
|52wk Low||5693.47||52wk Low Date||2018-10-12|