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Index Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
Dow Jones Shanghai Index (INDEX:DJSH)
Long-Term Downtrend (-90) - DJSH is in a strong downtrend that is likely to continue. While DJSH is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJSH?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJSH.
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 DJSH
The long-term trend has been DOWN since May 24th, 2023 at 455.66
The intermediate-term trend has been DOWN since Aug 15th, 2023 at 443.43
The short-term trend has been DOWN since Nov 22nd, 2023 at 427.53
Smart Scan Analysis for DJSH
Based on our trend formula, DJSH is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 422.49 | 423.18 | 421.95 | 422.78 | +0.16 |
| Prev. Close | Volume | Bid | Ask | Time |
| 422.78 | 0 | 2023-12-01 02:54:25 |
| 52wk High | 492.75 | 52wk High Date | 2018-01-26 |
| 52wk Low | 338.33 | 52wk Low Date | 2018-10-19 |