Index Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
Dow Jones Europe ex-U.K. Utilities Index (INDEX:E2UTI)
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 E2UTI
The long term trend has been UP since Jan 4th, 2019 at 256.84
The intermediate term trend has been DOWN since Jul 30th, 2019 at 284.21
The short term trend has been UP since Aug 16th, 2019 at 284.58
Smart Scan Analysis for E2UTI
Based on a pre-defined weighted trend formula for chart analysis, E2UTI scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||271.54||52wk High Date||2018-05-08|
|52wk Low||232.46||52wk Low Date||2018-10-26|