Index Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Dow Jones U.S. Broadcasting & Entertainment Index (INDEX:DJUSBC)
Long-Term Uptrend (+90) - DJUSBC is in a strong uptrend that is likely to continue. While DJUSBC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DJUSBC?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSBC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSBC
The long-term trend has been UP since Jun 5th, 2020 at 1443.19
The intermediate-term trend has been UP since Nov 9th, 2020 at 1558.96
The short-term trend has been UP since Nov 2nd, 2020 at 1472.11
Smart Scan Analysis for DJUSBC
Based on our trend formula, DJUSBC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1380.37||52wk High Date||2018-01-26|
|52wk Low||1122.89||52wk Low Date||2018-05-03|