Index Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
Dow Jones U.S. Iron & Steel Index (INDEX:DJUSST)
Bear Market Rally (-75) - DJUSST is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJUSST as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DJUSST?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSST.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSST
The long-term trend has been DOWN since Jun 13th, 2022 at 419.61
The intermediate-term trend has been DOWN since May 2nd, 2022 at 514.90
The short-term trend has been UP since Jul 7th, 2022 at 375.91
Smart Scan Analysis for DJUSST
Based on our trend formula, DJUSST is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||317.51||52wk High Date||2018-02-20|
|52wk Low||234.15||52wk Low Date||2018-11-28|