Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Dow Jones U.S. Pipelines Index (INDEX:DJUSPL)
Countertrend Down (-85) - DJUSPL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid DJUSPL?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSPL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSPL
The long-term trend has been DOWN since Feb 27th, 2020 at 632.54
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 657.07
The short-term trend has been UP since Apr 2nd, 2020 at 374.27
Smart Scan Analysis for DJUSPL
Based on our trend formula, DJUSPL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||708.74||52wk High Date||2018-08-10|
|52wk Low||563.58||52wk Low Date||2018-04-03|