Index Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Dow Jones U.S. Software & Computer Services Index (INDEX:DJUSSV)
Countertrend Up (+85) - DJUSSV is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DJUSSV?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSSV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSSV
The long-term trend has been UP since Jun 2nd, 2020 at 3314.77
The intermediate-term trend has been UP since Oct 18th, 2021 at 5434.66
The short-term trend has been DOWN since Oct 22nd, 2021 at 5491.76
Smart Scan Analysis for DJUSSV
Based on our trend formula, DJUSSV is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2533.53||52wk High Date||2018-07-25|
|52wk Low||1956.56||52wk Low Date||2017-12-06|