Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Dow Jones Industrial Average (INDEX:DJI)
Bull Market Weakness (+75) - DJI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJI?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DJI
The long-term trend has been UP since Nov 30th, 2023 at 35679.13
The intermediate-term trend has been UP since Sep 16th, 2024 at 41585.21
The short-term trend has been DOWN since Oct 22nd, 2024 at 42877.57
Smart Scan Analysis for DJI
Based on our trend formula, DJI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42876.84 | 43041.05 | 42718.26 | 42924.89 | -6.71 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42931.60 | 335203037 | 2024-10-22 16:38:20 |
| 52wk High | 26951.81 | 52wk High Date | 2018-10-03 |
| 52wk Low | 23344.52 | 52wk Low Date | 2018-04-02 |