Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
Dorsey Wright Raymond James Upgrade and Momentum T (NASDAQ:DWARJFMUT)
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 DWARJFMUT
The long term trend has been UP since Jan 25th, 2019 at 1365.38
The intermediate term trend has been UP since Jan 8th, 2019 at 1297.31
The short term trend has been DOWN since Apr 16th, 2019 at 1494.76
Smart Scan Analysis for DWARJFMUT
Based on a pre-defined weighted trend formula for chart analysis, DWARJFMUT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).