Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Dow Jones U.S. Aerospace & Defense Index (INDEX:DJUSAE)
Long-Term Downtrend (-90) - DJUSAE is in a strong downtrend that is likely to continue. While DJUSAE 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 DJUSAE?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSAE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSAE
The long-term trend has been DOWN since Feb 25th, 2020 at 1596.78
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1646.84
The short-term trend has been DOWN since Mar 31st, 2020 at 1070.69
Smart Scan Analysis for DJUSAE
Based on our trend formula, DJUSAE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1604.08||52wk High Date||2018-10-03|
|52wk Low||1318.56||52wk Low Date||2018-11-20|