Index Trend Analysis Report
Prepared for you on Thursday, August 22, 2019.
Dow Jones U.S. Home Construction Total Stock Market Index (INDEX:DWCHOM)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DWCHOM
The long term trend has been UP since Feb 1st, 2019 at 6666.90
The intermediate term trend has been UP since Jul 30th, 2019 at 7706.03
The short term trend has been UP since Aug 19th, 2019 at 7876.85
Smart Scan Analysis for DWCHOM
Based on a pre-defined weighted trend formula for chart analysis, DWCHOM scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9330.08||52wk High Date||2018-01-24|
|52wk Low||5467.28||52wk Low Date||2018-10-23|