Index Trend Analysis Report
Prepared for you on Tuesday, August 20, 2019.
Dow Jones Global Consumer Goods Index (INDEX:W1NCY)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 W1NCY
The long term trend has been UP since Feb 20th, 2019 at 489.75
The intermediate term trend has been DOWN since Jul 31st, 2019 at 510.71
The short term trend has been UP since Aug 18th, 2019 at 499.67
Smart Scan Analysis for W1NCY
Based on a pre-defined weighted trend formula for chart analysis, W1NCY scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||571.09||52wk High Date||2018-01-24|
|52wk Low||468.33||52wk Low Date||2018-10-26|