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Index Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Dow Jones U.S. Oil & Gas Index (INDEX:DJUSEN)

Sidelines Mode (+55) - DJUSEN 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 DJUSEN?

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

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

INDEX_DJUSEN
Open High Low DJUSEN Price Change
772.30 774.96 766.89 771.13 -1.17
Entry Signal

MarketClub’s Trade Triangles for DJUSEN

long term up The long-term trend has been UP since Mar 1st, 2024 at 715.88

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 772.94

short term up The short-term trend has been UP since May 6th, 2024 at 774.62

Smart Scan Analysis for DJUSEN

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

+55
Smart Scan Analysis for DJUSEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
772.30 774.96 766.89 771.13 -1.17
Prev. Close Volume Bid Ask Time
772.30 202236078 2024-05-08 16:18:30
52wk High654.752wk High Date2018-05-22
52wk Low520.0652wk Low Date2018-11-23
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