Index Trend Analysis Report
Prepared for you on Sunday, April 21, 2019.
DJ US ELECTRONIC EQUIPMENT (INDEX:DWCITC)
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 DWCITC
The long term trend has been UP since Feb 6th, 2019 at 8247.57
The intermediate term trend has been UP since Apr 1st, 2019 at 8779.15
The short term trend has been DOWN since Apr 17th, 2019 at 9040.40
Smart Scan Analysis for DWCITC
Based on a pre-defined weighted trend formula for chart analysis, DWCITC scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9140.65||52wk High Date||2018-09-21|
|52wk Low||7420.77||52wk Low Date||2018-10-30|