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Index Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

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

Sidelines Mode (+55) - DJUSOG 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 DJUSOG?

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

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

INDEX_DJUSOG
Open High Low DJUSOG Price Change
916.58 919.94 910.44 915.10 -1.48
Entry Signal

MarketClub’s Trade Triangles for DJUSOG

long term up The long-term trend has been UP since Mar 1st, 2024 at 844.59

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 919.25

short term up The short-term trend has been UP since May 6th, 2024 at 922.07

Smart Scan Analysis for DJUSOG

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

+55
Smart Scan Analysis for DJUSOG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
916.58 919.94 910.44 915.10 -1.48
Prev. Close Volume Bid Ask Time
915.10 126820624 2024-05-08 16:18:30
52wk High717.3152wk High Date2018-10-09
52wk Low561.1252wk Low Date2018-02-09
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