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Index Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

Dow Jones Global Technology Index (INDEX:W1TEC)

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.

INDEX_W1TEC
Open High Low W1TEC Price Change
1192.46 1194.34 1192.06 1192.46 -1.07
Entry Signal

MarketClub’s Trade Triangles for W1TEC

long term up The long term trend has been UP since Jul 15th, 2019 at 1224.79

intermediate term down The intermediate term trend has been DOWN since Aug 2nd, 2019 at 1193.48

short term up The short term trend has been UP since Aug 19th, 2019 at 1172.90

Smart Scan Analysis for W1TEC

Based on a pre-defined weighted trend formula for chart analysis, W1TEC scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for W1TEC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1192.46 1194.34 1192.06 1192.46 -1.07
Prev. Close Volume Bid Ask Time
1115.78 0 2019-08-22 03:49:03
52wk High1191.0252wk High Date2018-08-30
52wk Low976.2952wk Low Date2018-11-20
Want to analyze Dow Jones Global Technology Index W1TEC or another symbol? Try our Free Index Trend Analysis Report.