Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

Dow Jones U.S. Select Oil Equipment & Services Total Return Index (INDEX:DJSOEST)

Countertrend Down (-85) - DJSOEST 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 DJSOEST?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJSOEST.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJSOEST
Open High Low DJSOEST Price Change
2357.52 2412.54 2356.44 2394.25 +74.29
Entry Signal

MarketClub’s Trade Triangles for DJSOEST

long term down The long-term trend has been DOWN since Aug 17th, 2021 at 2219.57

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2021 at 2572.10

short term up The short-term trend has been UP since Dec 6th, 2021 at 2322.56

Smart Scan Analysis for DJSOEST

Based on our trend formula, DJSOEST is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DJSOEST
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2357.52 2412.54 2356.44 2394.25 +74.29
Prev. Close Volume Bid Ask Time
2319.96 0 2021-12-07 16:19:53
52wk High7039.9552wk High Date2017-12-06
52wk Low4250.3652wk Low Date2018-11-28
Get a free daily analysis and signals for Dow Jones U.S. Select Oil Equipment & Services Total Return Index (DJSOEST) - Request Your Free Report.