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Index Trend Analysis Report

Prepared for you on Sunday, October 2, 2022.

Dow Jones Transportation Average (INDEX:DJT)

Countertrend Down (-85) - DJT 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 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.

INDEX_DJT
Open High Low DJT Price Change
12210.07 12357.72 12051.56 12058.26 -199.65
Entry Signal

MarketClub’s Trade Triangles for DJT

long term down The long-term trend has been DOWN since May 12th, 2022 at 14133.59

intermediate term down The intermediate-term trend has been DOWN since Aug 29th, 2022 at 14379.31

short term up The short-term trend has been UP since Sep 28th, 2022 at 12229.37

Smart Scan Analysis for DJT

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

-85
Smart Scan Analysis for DJT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12210.07 12357.72 12051.56 12058.26 -199.65
Prev. Close Volume Bid Ask Time
12058.26 113000401 2022-09-30 16:19:42
52wk High11623.5852wk High Date2018-09-14
52wk Low9757.552wk Low Date2018-10-29
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