Index Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
Dow Jones U.S. Media Index (INDEX:DJUSME)
Sidelines Mode (-55) - DJUSME 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 DJUSME?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSME.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSME
The long-term trend has been UP since Jan 12th, 2023 at 789.20
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 817.13
The short-term trend has been UP since Mar 16th, 2023 at 754.10
Smart Scan Analysis for DJUSME
Based on our trend formula, DJUSME is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||923.69||52wk High Date||2018-01-26|
|52wk Low||762.48||52wk Low Date||2018-05-03|