Index Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Dow Jones U.S. Technology Index (INDEX:DJUSTC)
Weak Downtrend (-65) - DJUSTC is showing signs of a strengthening downtrend. Monitor DJUSTC as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DJUSTC?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSTC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSTC
The long-term trend has been UP since Jul 12th, 2019 at 2118.74
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 2494.27
The short-term trend has been DOWN since Feb 20th, 2020 at 2635.25
Smart Scan Analysis for DJUSTC
Based on our trend formula, DJUSTC is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2027.59||52wk High Date||2018-08-30|
|52wk Low||1599||52wk Low Date||2018-02-09|