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Index Trend Analysis Report

Prepared for you on Saturday, September 7, 2024.

Dow Jones U.S. Oil Equipment & Services Index (INDEX:DJUSOI)

Strong Downtrend (-100) - DJUSOI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DJUSOI continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DJUSOI?

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

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

INDEX_DJUSOI
Open High Low DJUSOI Price Change
258.29 261.23 252.84 254.07 -4.22
Entry Signal

MarketClub’s Trade Triangles for DJUSOI

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 277.35

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2024 at 270.59

short term down The short-term trend has been DOWN since Aug 28th, 2024 at 272.24

Smart Scan Analysis for DJUSOI

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

-100
Smart Scan Analysis for DJUSOI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
258.29 261.23 252.84 254.07 -4.22
Prev. Close Volume Bid Ask Time
254.07 61683233 2024-09-06 16:19:45
52wk High495.2252wk High Date2018-01-23
52wk Low295.9852wk Low Date2018-11-28
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