Index Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Dow Jones Composite Average (INDEX:DJC)
Long-Term Downtrend (-90) - DJC is in a strong downtrend that is likely to continue. While DJC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for DJC
The long-term trend has been DOWN since Feb 22nd, 2022 at 11209.67
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 10632.47
The short-term trend has been DOWN since Jun 30th, 2022 at 10439.59
Smart Scan Analysis for DJC
Based on our trend formula, DJC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8923.34||52wk High Date||2018-09-21|
|52wk Low||7744.97||52wk Low Date||2018-02-09|