Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Dow Jones U.S. Durable Household Products Total Stock Market Index (INDEX:DWCHPD)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 DWCHPD
The long term trend has been DOWN since May 13th, 2019 at 2803.40
The intermediate term trend has been UP since Jun 11th, 2019 at 2856.77
The short term trend has been UP since Jul 12th, 2019 at 2963.50
Smart Scan Analysis for DWCHPD
Based on a pre-defined weighted trend formula for chart analysis, DWCHPD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4213.29||52wk High Date||2018-01-24|
|52wk Low||2460.55||52wk Low Date||2018-10-29|