Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Dow Jones SAFE India Index (USD) (INDEX:DJSFIND)
Countertrend Down (-85) - DJSFIND is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid DJSFIND?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJSFIND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJSFIND
The long-term trend has been DOWN since Feb 3rd, 2020 at 2679.75
The intermediate-term trend has been DOWN since May 18th, 2020 at 2011.65
The short-term trend has been UP since May 21st, 2020 at 2012.63
Smart Scan Analysis for DJSFIND
Based on our trend formula, DJSFIND is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2753.6||52wk High Date||2018-01-29|
|52wk Low||2183.49||52wk Low Date||2018-10-31|