Index Trend Analysis Report
Prepared for you on Sunday, May 29, 2022.
Dow Jones Industrial Average (INDEX:DJI2MN)
Sidelines Mode (-55) - DJI2MN 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 DJI2MN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJI2MN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJI2MN
The long-term trend has been DOWN since Jan 24th, 2022 at 33788.69
The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 34118.17
The short-term trend has been UP since May 24th, 2022 at 31960.06
Smart Scan Analysis for DJI2MN
Based on our trend formula, DJI2MN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||26951.34||52wk High Date||2018-10-03|
|52wk Low||23349.8||52wk Low Date||2018-04-02|