Index Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
Dow Jones U.S. Mortgage Finance Total Stock Market Index (INDEX:DWCMGF)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 DWCMGF
The long term trend has been DOWN since Aug 5th, 2019 at 545.57
The intermediate term trend has been DOWN since Jul 25th, 2019 at 570.00
The short term trend has been DOWN since Aug 13th, 2019 at 559.78
Smart Scan Analysis for DWCMGF
Based on a pre-defined weighted trend formula for chart analysis, DWCMGF scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||605.11||52wk High Date||2018-01-24|
|52wk Low||455.68||52wk Low Date||2018-10-26|