Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

Dow Jones Industrial Average (INDEX:DJI)

Long-Term Uptrend (+90) - DJI is in a strong uptrend that is likely to continue. While DJI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid DJI?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJI
Open High Low DJI Price Change
39989.76 40077.40 39787.09 39806.77 -196.82
Entry Signal

MarketClub’s Trade Triangles for DJI

long term up The long-term trend has been UP since Nov 30th, 2023 at 35679.13

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 38808.52

short term up The short-term trend has been UP since May 3rd, 2024 at 38349.20

Smart Scan Analysis for DJI

Based on our trend formula, DJI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DJI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39989.76 40077.40 39787.09 39806.77 -196.82
Prev. Close Volume Bid Ask Time
39806.77 275306588 2024-05-20 17:03:44
52wk High26951.8152wk High Date2018-10-03
52wk Low23344.5252wk Low Date2018-04-02
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