Index Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Dow Jones U.S. Reinsurance Total Stock Market Index (INDEX:DWCRNS)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 DWCRNS
The long term trend has been UP since Nov 1st, 2019 at 16821.82
The intermediate term trend has been DOWN since Jan 27th, 2020 at 17616.47
The short term trend has been DOWN since Jan 23rd, 2020 at 17845.20
Smart Scan Analysis for DWCRNS
Based on a pre-defined weighted trend formula for chart analysis, DWCRNS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||17373.04||52wk High Date||2018-10-09|
|52wk Low||14497.71||52wk Low Date||2018-06-27|