Index Trend Analysis Report
Prepared for you on Wednesday, October 21, 2020.
Dow Jones Transportation Average (INDEX:DJT)
Strong Uptrend (+100) - DJT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DJT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for DJT
The long-term trend has been UP since Jun 5th, 2020 at 9695.50
The intermediate-term trend has been UP since Oct 7th, 2020 at 11690.82
The short-term trend has been UP since Oct 20th, 2020 at 12000.19
Smart Scan Analysis for DJT
Based on our trend formula, DJT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11623.58||52wk High Date||2018-09-14|
|52wk Low||9757.5||52wk Low Date||2018-10-29|