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Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Dow Jones Composite Average (INDEX:DJC)
Strong Uptrend (+100) - DJC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DJC continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid DJC?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DJC
The long-term trend has been UP since Dec 1st, 2023 at 11700.21
The intermediate-term trend has been UP since May 6th, 2024 at 12429.51
The short-term trend has been UP since May 2nd, 2024 at 12280.77
Smart Scan Analysis for DJC
Based on our trend formula, DJC is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12439.09 | 12516.41 | 12427.29 | 12506.78 | +40.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12506.78 | 501080488 | 2024-05-08 17:00:39 |
| 52wk High | 8923.34 | 52wk High Date | 2018-09-21 |
| 52wk Low | 7744.97 | 52wk Low Date | 2018-02-09 |