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Index Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Dow Jones U.S. Automobiles Index (INDEX:DJUSAU)

Sidelines Mode (+55) - DJUSAU is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DJUSAU?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSAU.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJUSAU
Open High Low DJUSAU Price Change
649.21 664.02 644.22 659.68 -9.59
Entry Signal

MarketClub’s Trade Triangles for DJUSAU

long term down The long-term trend has been DOWN since Oct 20th, 2023 at 763.16

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 680.19

short term down The short-term trend has been DOWN since May 8th, 2024 at 667.74

Smart Scan Analysis for DJUSAU

Based on our trend formula, DJUSAU is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DJUSAU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
649.21 664.02 644.22 659.68 -9.59
Prev. Close Volume Bid Ask Time
669.27 210944219 2024-05-08 16:20:01
52wk High240.3252wk High Date2018-01-16
52wk Low163.7152wk Low Date2018-10-22
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