Index Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
Dow Jones Internet Commerce Index (INDEX:DJECOM)
Bull Market Weakness (+75) - DJECOM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJECOM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJECOM?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJECOM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJECOM
The long-term trend has been DOWN since Oct 4th, 2021 at 2373.79
The intermediate-term trend has been UP since Jul 20th, 2022 at 1226.21
The short-term trend has been UP since Aug 10th, 2022 at 1349.24
Smart Scan Analysis for DJECOM
Based on our trend formula, DJECOM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1328.18||52wk High Date||2018-06-21|
|52wk Low||934.62||52wk Low Date||2017-12-04|