Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Dow Jones U.S. Airlines Index (INDEX:DJUSAR)
Long-Term Downtrend (-90) - DJUSAR is in a strong downtrend that is likely to continue. While DJUSAR 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 DJUSAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSAR
The long-term trend has been DOWN since Oct 2nd, 2019 at 244.28
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 255.53
The short-term trend has been DOWN since Mar 30th, 2020 at 135.68
Smart Scan Analysis for DJUSAR
Based on our trend formula, DJUSAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||313.5||52wk High Date||2018-01-16|
|52wk Low||242.02||52wk Low Date||2018-06-28|