Index Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
DJ PHILIPPINES STOCK INDEX (INDEX:PHDOW)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 PHDOW
The long term trend has been UP since Jan 3rd, 2019 at 771.67
The intermediate term trend has been UP since Nov 19th, 2018 at 725.01
The short term trend has been UP since Jan 14th, 2019 at 799.92
Smart Scan Analysis for PHDOW
Based on a pre-defined weighted trend formula for chart analysis, PHDOW scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||899.47||52wk High Date||2018-01-29|
|52wk Low||681.94||52wk Low Date||2018-10-11|