Index Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
Dow Jones U.S. Electronic Equipment Total Stock Market Index (INDEX:DWCITC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 Oct 28th, 2019 at 9075.13
The intermediate term trend has been UP since Oct 21st, 2019 at 8863.37
The short term trend has been DOWN since Nov 8th, 2019 at 9349.97
Smart Scan Analysis for DWCITC
Based on a pre-defined weighted trend formula for chart analysis, DWCITC scored +75 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|