Index Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
Dow Jones U.S. Technology Index (INDEX:DJUSTC)
Countertrend Up (+85) - DJUSTC 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 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 Nov 10th, 2023 at 4737.45
The intermediate-term trend has been UP since Nov 7th, 2023 at 4590.99
The short-term trend has been DOWN since Nov 30th, 2023 at 4855.59
Smart Scan Analysis for DJUSTC
Based on our trend formula, DJUSTC is rated as a +85 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|