Index Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
Dow Jones Media Titans 30 Index (INDEX:DJTMDI)
Sidelines Mode (+55) - DJTMDI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJTMDI?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJTMDI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJTMDI
The long-term trend has been UP since Feb 5th, 2019 at 574.99
The intermediate-term trend has been UP since Feb 12th, 2020 at 668.53
The short-term trend has been DOWN since Feb 20th, 2020 at 662.41
Smart Scan Analysis for DJTMDI
Based on our trend formula, DJTMDI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||611.85||52wk High Date||2018-01-26|
|52wk Low||523.57||52wk Low Date||2018-05-03|