Index Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Dow Jones Industrial Average (INDEX:DJI2MN)
Sidelines Mode (+55) - DJI2MN 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 DJI2MN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJI2MN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJI2MN
The long-term trend has been UP since Jun 5th, 2020 at 27090.96
The intermediate-term trend has been UP since Feb 8th, 2021 at 31263.14
The short-term trend has been DOWN since Feb 26th, 2021 at 31228.76
Smart Scan Analysis for DJI2MN
Based on our trend formula, DJI2MN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||26951.34||52wk High Date||2018-10-03|
|52wk Low||23349.8||52wk Low Date||2018-04-02|