Index Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
S&P/JPX Dividend Aristocrats Index (USD) TR (CME:SPJXDAUT)
Bull Market Weakness (+75) - SPJXDAUT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPJXDAUT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPJXDAUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPJXDAUT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPJXDAUT
The long-term trend has been UP since Nov 25th, 2022 at 277.51
The intermediate-term trend has been UP since Aug 29th, 2023 at 333.64
The short-term trend has been DOWN since Sep 20th, 2023 at 350.78
Smart Scan Analysis for SPJXDAUT
Based on our trend formula, SPJXDAUT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).