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Index Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

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.

INDEX_DJT
Open High Low DJT Price Change
15090.86 15090.86 14944.45 14995.12 -87.82
Entry Signal

MarketClub’s Trade Triangles for DJT

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 15151.62

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 14945.11

short term down The short-term trend has been DOWN since May 16th, 2024 at 15511.67

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).

-90
Smart Scan Analysis for DJT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15090.86 15090.86 14944.45 14995.12 -87.82
Prev. Close Volume Bid Ask Time
14995.12 91029131 2024-05-28 17:20:42
52wk High11623.5852wk High Date2018-09-14
52wk Low9757.552wk Low Date2018-10-29
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