Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
Dow Jones Australia Index (INDEX:DJAU)
Sidelines Mode (-55) - DJAU 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 DJAU?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJAU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJAU
The long-term trend has been UP since Aug 19th, 2020 at 420.63
The intermediate-term trend has been DOWN since Nov 25th, 2021 at 509.12
The short-term trend has been UP since Nov 25th, 2021 at 514.86
Smart Scan Analysis for DJAU
Based on our trend formula, DJAU is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||428.5||52wk High Date||2018-08-30|
|52wk Low||373.17||52wk Low Date||2018-11-21|