Index Trend Analysis Report
Prepared for you on Saturday, October 19, 2019.
Benchmark Office Real Estate SCTR TR Index (NASDAQ:DESKSCTR)
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 DESKSCTR
The long term trend has been DOWN since Jun 26th, 2019 at 972.17
The intermediate term trend has been UP since Sep 4th, 2019 at 986.16
The short term trend has been UP since Oct 16th, 2019 at 1001.88
Smart Scan Analysis for DESKSCTR
Based on a pre-defined weighted trend formula for chart analysis, DESKSCTR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).