Index Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
Dow Jones Australia Index (INDEX:DJAU)
Long-Term Uptrend (+90) - DJAU is in a strong uptrend that is likely to continue. While DJAU 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 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 Feb 5th, 2019 at 401.51
The intermediate-term trend has been UP since Jan 8th, 2020 at 464.22
The short-term trend has been UP since Feb 6th, 2020 at 474.72
Smart Scan Analysis for DJAU
Based on our trend formula, DJAU is rated as a +90 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|