Index Trend Analysis Report
Prepared for you on Tuesday, May 21, 2019.
DJ GLOBAL TELECOM (INDEX:W1TLS)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 W1TLS
The long term trend has been UP since Mar 15th, 2019 at 245.12
The intermediate term trend has been UP since May 20th, 2019 at 243.57
The short term trend has been UP since May 16th, 2019 at 239.23
Smart Scan Analysis for W1TLS
Based on a pre-defined weighted trend formula for chart analysis, W1TLS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||276.35||52wk High Date||2018-01-29|
|52wk Low||230.49||52wk Low Date||2018-10-29|