Index Trend Analysis Report
Prepared for you on Tuesday, March 19, 2019.
DJ GLOBAL HEALTH CARE (INDEX:W1HCR)
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 W1HCR
The long term trend has been DOWN since Dec 18th, 2018 at 739.14
The intermediate term trend has been DOWN since Mar 8th, 2019 at 769.24
The short term trend has been UP since Mar 11th, 2019 at 776.20
Smart Scan Analysis for W1HCR
Based on a pre-defined weighted trend formula for chart analysis, W1HCR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||825.52||52wk High Date||2018-10-01|
|52wk Low||701.08||52wk Low Date||2018-02-09|