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.
MarketClub’s Trade Triangles for DJT
The long-term trend has been DOWN since May 12th, 2022 at 14133.59
The intermediate-term trend has been DOWN since Aug 29th, 2022 at 14379.31
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).
|52wk High||11623.58||52wk High Date||2018-09-14|
|52wk Low||9757.5||52wk Low Date||2018-10-29|