Index Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Dow Jones U.S. Exploration & Production Index (INDEX:DJUSOS)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DJUSOS
The long term trend has been UP since Dec 20th, 2019 at 623.99
The intermediate term trend has been UP since Dec 12th, 2019 at 601.99
The short term trend has been DOWN since Jan 8th, 2020 at 628.21
Smart Scan Analysis for DJUSOS
Based on a pre-defined weighted trend formula for chart analysis, DJUSOS scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||873.46||52wk High Date||2018-10-09|
|52wk Low||627.35||52wk Low Date||2018-02-09|