Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2019.
Horizons DAX Germany ETF (NASDAQ:DAX)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 DAX
The long term trend has been UP since Mar 19th, 2019 at 26.0900
The intermediate term trend has been UP since Apr 3rd, 2019 at 26.2499
The short term trend has been UP since Mar 29th, 2019 at 25.2900
Smart Scan Analysis for DAX
Based on a pre-defined weighted trend formula for chart analysis, DAX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||34||Year High Date||2018-01-24|
|Year Low||25.11||Year Low Date||2018-11-20|
|52wk High||31.6199||52wk High Date||2018-04-18|
|52wk Low||23.2101||52wk Low Date||2019-01-03|
|Average Volume||3,007||Shares Outstanding||600|