Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Dow Jones Transportation Average (INDEX:DJT)
Long-Term Downtrend (-90) - DJT is in a strong downtrend that is likely to continue. While DJT 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 DJT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJT.
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 DJT
The long-term trend has been DOWN since Oct 2nd, 2023 at 14700.99
The intermediate-term trend has been DOWN since Aug 15th, 2023 at 16013.54
The short-term trend has been DOWN since Oct 2nd, 2023 at 14700.99
Smart Scan Analysis for DJT
Based on our trend formula, DJT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14952.74 | 14952.74 | 14693.71 | 14797.39 | -171.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14797.39 | 105601896 | 2023-10-02 16:19:45 |
| 52wk High | 11623.58 | 52wk High Date | 2018-09-14 |
| 52wk Low | 9757.5 | 52wk Low Date | 2018-10-29 |