Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
Dow Jones Oil & Gas Titans 30 Index (EUR) (INDEX:DJTENGE)
Countertrend Down (-85) - DJTENGE 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 DJTENGE?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJTENGE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJTENGE
The long-term trend has been DOWN since Feb 3rd, 2020 at 454.23
The intermediate-term trend has been DOWN since Jun 15th, 2020 at 318.79
The short-term trend has been UP since Aug 5th, 2020 at 306.20
Smart Scan Analysis for DJTENGE
Based on our trend formula, DJTENGE is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||556.36||52wk High Date||2018-10-04|
|52wk Low||442.8||52wk Low Date||2018-02-09|