Index Trend Analysis Report
Prepared for you on Friday, April 26, 2019.
Dorsey Wright Consumer Staples Tech Leaders (NASDAQ:DWCS)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 DWCS
The long term trend has been UP since Apr 1st, 2019 at 1627.02
The intermediate term trend has been UP since Mar 29th, 2019 at 1623.64
The short term trend has been UP since Apr 5th, 2019 at 1628.72
Smart Scan Analysis for DWCS
Based on a pre-defined weighted trend formula for chart analysis, DWCS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1688.14||52wk High Date||2018-09-13|
|52wk Low||1422.98||52wk Low Date||2018-02-09|