Index Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
Dow Jones U.S. Renewable Energy Equipment Total Stock Market Index (INDEX:DWCREE)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 DWCREE
The long term trend has been UP since Jan 28th, 2019 at 78.48
The intermediate term trend has been DOWN since Sep 10th, 2019 at 122.32
The short term trend has been UP since Sep 12th, 2019 at 129.09
Smart Scan Analysis for DWCREE
Based on a pre-defined weighted trend formula for chart analysis, DWCREE scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||121.27||52wk High Date||2018-04-27|
|52wk Low||58.35||52wk Low Date||2018-10-29|