Index Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
DJ EUROPE TELECOM STOCK INDEX (INDEX:E1TLS)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 E1TLS
The long term trend has been DOWN since Feb 8th, 2019 at 210.85
The intermediate term trend has been UP since Feb 20th, 2019 at 216.83
The short term trend has been DOWN since Mar 22nd, 2019 at 226.95
Smart Scan Analysis for E1TLS
Based on a pre-defined weighted trend formula for chart analysis, E1TLS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||280.11||52wk High Date||2018-01-25|
|52wk Low||207.25||52wk Low Date||2018-10-26|