Index Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
S&P/JPX Dividend Aristocrats Index (USD) TR (CME:SPJXDAUT)
Sidelines Mode (+55) - SPJXDAUT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Sep 6th, 2021 at 307.77
The intermediate-term trend has been DOWN since Sep 30th, 2021 at 302.39
The short-term trend has been UP since Oct 18th, 2021 at 298.03
Smart Scan Analysis for SPJXDAUT
Based on our trend formula, SPJXDAUT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).