Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

Dow Jones Industrial Average (INDEX:DJI)

Countertrend Up (+85) - DJI 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 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
33769.78 34240.00 33634.10 34156.69 +265.67
Entry Signal

MarketClub’s Trade Triangles for DJI

long term up The long-term trend has been UP since Nov 25th, 2022 at 34281.36

intermediate term up The intermediate-term trend has been UP since Jan 9th, 2023 at 33710.66

short term down The short-term trend has been DOWN since Feb 7th, 2023 at 33683.58

Smart Scan Analysis for DJI

Based on our trend formula, DJI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for DJI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33769.78 34240.00 33634.10 34156.69 +265.67
Prev. Close Volume Bid Ask Time
33949.41 360621509 2023-02-07 16:19:03
52wk High26951.8152wk High Date2018-10-03
52wk Low23344.5252wk Low Date2018-04-02
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