Index Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
DJ SINGAPORE STOCK INDEX (INDEX:SGDOW)
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 SGDOW
The long term trend has been UP since Feb 13th, 2019 at 267.66
The intermediate term trend has been DOWN since Mar 10th, 2019 at 264.25
The short term trend has been UP since Mar 17th, 2019 at 266.95
Smart Scan Analysis for SGDOW
Based on a pre-defined weighted trend formula for chart analysis, SGDOW scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||305.87||52wk High Date||2018-01-25|
|52wk Low||246.41||52wk Low Date||2018-10-30|