Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Dow Jones Industrial Average (INDEX:DJI2MN)
Bull Market Weakness (+75) - DJI2MN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJI2MN as it may be in the beginning stages of a reversal.
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 DOWN since Feb 25th, 2020 at 27142.95
The intermediate-term trend has been UP since May 26th, 2020 at 24713.35
The short-term trend has been UP since May 18th, 2020 at 23726.59
Smart Scan Analysis for DJI2MN
Based on our trend formula, DJI2MN is rated as a +70 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|