Index Trend Analysis Report
Prepared for you on Wednesday, November 13, 2019.
Dow Jones U.S. Select Real Estate Securities Index (INDEX:DWRSF)
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 DWRSF
The long term trend has been UP since Apr 2nd, 2019 at 245.18
The intermediate term trend has been DOWN since Nov 5th, 2019 at 255.70
The short term trend has been DOWN since Nov 5th, 2019 at 258.10
Smart Scan Analysis for DWRSF
Based on a pre-defined weighted trend formula for chart analysis, DWRSF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||239.3||52wk High Date||2018-08-20|
|52wk Low||201.13||52wk Low Date||2018-02-12|