Index Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
Nasdaq International Dividend Achievers Local (NASDAQ:DATLOC)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 DATLOC
The long term trend has been UP since Nov 4th, 2019 at 1059.14
The intermediate term trend has been UP since Dec 12th, 2019 at 1076.40
The short term trend has been DOWN since Jan 22nd, 2020 at 1141.41
Smart Scan Analysis for DATLOC
Based on a pre-defined weighted trend formula for chart analysis, DATLOC scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).