Index Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
Dow Jones Internet Composite Index (INDEX:DJINET)
Crossroads (-60) - DJINET is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJINET?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJINET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJINET
The long-term trend has been UP since May 11th, 2020 at 704.31
The intermediate-term trend has been DOWN since Sep 11th, 2020 at 824.80
The short-term trend has been DOWN since Sep 17th, 2020 at 827.80
Smart Scan Analysis for DJINET
Based on our trend formula, DJINET is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||664.45||52wk High Date||2018-07-25|
|52wk Low||475.3||52wk Low Date||2017-12-05|