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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Dow Jones U.S. Medical Equipment Index (INDEX:DJUSAM)

Sidelines Mode (-55) - DJUSAM 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 DJUSAM?

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

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

INDEX_DJUSAM
Open High Low DJUSAM Price Change
2634.08 2657.39 2629.55 2648.45 +6.71
Entry Signal

MarketClub’s Trade Triangles for DJUSAM

long term up The long-term trend has been UP since Dec 13th, 2023 at 2489.85

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 2697.04

short term up The short-term trend has been UP since Apr 23rd, 2024 at 2622.15

Smart Scan Analysis for DJUSAM

Based on our trend formula, DJUSAM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DJUSAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2634.08 2657.39 2629.55 2648.45 +6.71
Prev. Close Volume Bid Ask Time
2641.74 51634817 2024-04-26 16:20:01
52wk High1752.8552wk High Date2018-10-01
52wk Low1305.1552wk Low Date2017-12-06
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