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Index Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

Dow Jones China Offshore 50 Index (INDEX:DJCHOS50)

Sidelines Mode (+55) - DJCHOS50 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 DJCHOS50?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJCHOS50.

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

INDEX_DJCHOS50
Open High Low DJCHOS50 Price Change
3989.57 3989.96 3966.38 3972.05 -15.14
Entry Signal

MarketClub’s Trade Triangles for DJCHOS50

long term up The long-term trend has been UP since Apr 24th, 2024 at 3584.70

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2024 at 3556.81

short term down The short-term trend has been DOWN since May 21st, 2024 at 4099.22

Smart Scan Analysis for DJCHOS50

Based on our trend formula, DJCHOS50 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DJCHOS50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3989.57 3989.96 3966.38 3972.05 -15.14
Prev. Close Volume Bid Ask Time
3987.19 0 2024-05-28 06:30:30
52wk High6752.8452wk High Date2018-01-29
52wk Low4537.6952wk Low Date2018-10-30
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