Index Trend Analysis Report
Prepared for you on Friday, April 19, 2019.
DJ PORTUGAL STOCK INDEX (INDEX:PTDOW)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 PTDOW
The long term trend has been UP since Feb 5th, 2019 at 129.96
The intermediate term trend has been UP since Mar 14th, 2019 at 135.05
The short term trend has been DOWN since Apr 17th, 2019 at 138.47
Smart Scan Analysis for PTDOW
Based on a pre-defined weighted trend formula for chart analysis, PTDOW scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||148.26||52wk High Date||2018-05-14|
|52wk Low||124.15||52wk Low Date||2018-11-23|