Index Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
Dow Jones Internet Composite Index (Net TR) (INDEX:DJINETN)
Long-Term Uptrend (+90) - DJINETN is in a strong uptrend that is likely to continue. While DJINETN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DJINETN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJINETN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJINETN
The long-term trend has been UP since Jan 23rd, 2023 at 443.73
The intermediate-term trend has been UP since May 15th, 2023 at 471.05
The short-term trend has been UP since May 26th, 2023 at 496.17
Smart Scan Analysis for DJINETN
Based on our trend formula, DJINETN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||470.42||52wk High Date||2018-07-25|
|52wk Low||336.23||52wk Low Date||2017-12-05|