Index Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
Dow Jones U.S. Thematic Market Neutral Low Beta Total Return Index (INDEX:DJTMNABT)
Crossroads (-60) - DJTMNABT 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 DJTMNABT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJTMNABT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJTMNABT
The long-term trend has been UP since Feb 24th, 2020 at 1243.13
The intermediate-term trend has been DOWN since Apr 29th, 2020 at 1318.55
The short-term trend has been DOWN since May 18th, 2020 at 1344.10
Smart Scan Analysis for DJTMNABT
Based on our trend formula, DJTMNABT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1138.76||52wk High Date||2018-11-20|
|52wk Low||963.81||52wk Low Date||2018-01-12|