Index Trend Analysis Report
Prepared for you on Friday, April 19, 2019.
DJ US OIL & GAS (INDEX:DWCOGS)
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 DWCOGS
The long term trend has been UP since Apr 5th, 2019 at 5146.26
The intermediate term trend has been UP since Jan 8th, 2019 at 4725.01
The short term trend has been DOWN since Apr 18th, 2019 at 5117.72
Smart Scan Analysis for DWCOGS
Based on a pre-defined weighted trend formula for chart analysis, DWCOGS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||6178.98||52wk High Date||2018-05-22|
|52wk Low||4863.22||52wk Low Date||2018-11-23|