Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
Dow Jones Shanghai Index (INDEX:DJSH)
Sidelines Mode (+55) - DJSH 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 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.
MarketClub’s Trade Triangles for DJSH
The long-term trend has been UP since Jul 1st, 2020 at 436.99
The intermediate-term trend has been UP since Oct 12th, 2020 at 491.93
The short-term trend has been DOWN since Oct 15th, 2020 at 496.11
Smart Scan Analysis for DJSH
Based on our trend formula, DJSH is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||492.75||52wk High Date||2018-01-26|
|52wk Low||338.33||52wk Low Date||2018-10-19|