Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Dow Jones U.S. Food & Drug Retailers Index (INDEX:DJUSDR)

Crossroads (-60) - DJUSDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

INDEX_DJUSDR
Open High Low DJUSDR Price Change
1234.04 1242.01 1231.35 1240.40 +2.68
Entry Signal

MarketClub’s Trade Triangles for DJUSDR

long term up The long-term trend has been UP since Nov 24th, 2023 at 1119.74

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 1266.45

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 1232.32

Smart Scan Analysis for DJUSDR

Based on our trend formula, DJUSDR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DJUSDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1234.04 1242.01 1231.35 1240.40 +2.68
Prev. Close Volume Bid Ask Time
1237.72 25349256 2024-04-24 16:20:02
52wk High705.0852wk High Date2018-11-09
52wk Low556.6452wk Low Date2018-04-02
Get a free daily analysis and signals for Dow Jones U.S. Food & Drug Retailers Index (DJUSDR) - Request Your Free Report.