Index Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
Benchmark Office Real Estate SCTR TR Index (NASDAQ:DESKSCTR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.
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 DOWN since Jun 26th, 2019 at 977.13
The short term trend has been DOWN since Jul 12th, 2019 at 994.01
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).