Index Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
Dow Jones Internet Commerce Index (INDEX:DJECOM)
Sidelines Mode (-55) - DJECOM 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 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 UP since May 21st, 2020 at 1386.14
The intermediate-term trend has been DOWN since May 3rd, 2021 at 2316.36
The short-term trend has been UP since May 17th, 2021 at 2211.76
Smart Scan Analysis for DJECOM
Based on our trend formula, DJECOM is rated as a -55 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|