Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Dow Jones Oil & Gas Titans 30 Total Return Index (INDEX:DJTENGT)
Crossroads (+60) - DJTENGT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJTENGT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJTENGT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJTENGT
The long-term trend has been DOWN since Feb 3rd, 2020 at 848.45
The intermediate-term trend has been UP since Apr 7th, 2020 at 574.71
The short-term trend has been UP since Jun 2nd, 2020 at 632.13
Smart Scan Analysis for DJTENGT
Based on our trend formula, DJTENGT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1034.3||52wk High Date||2018-05-22|
|52wk Low||851.97||52wk Low Date||2018-02-09|