Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
DJ EUROPE (EX UK) TECH STOCK INDEX (INDEX:E2TEC)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 E2TEC
The long term trend has been UP since Feb 15th, 2019 at 369.20
The intermediate term trend has been DOWN since May 9th, 2019 at 390.77
The short term trend has been UP since May 15th, 2019 at 389.77
Smart Scan Analysis for E2TEC
Based on a pre-defined weighted trend formula for chart analysis, E2TEC scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||434.3||52wk High Date||2018-06-15|
|52wk Low||327||52wk Low Date||2018-11-20|