Index Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Dow Jones U.S. Thematic Market Neutral Quality Index (INDEX:DJTMNQU)
Long-Term Downtrend (-90) - DJTMNQU is in a strong downtrend that is likely to continue. While DJTMNQU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJTMNQU?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJTMNQU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJTMNQU
The long-term trend has been DOWN since Nov 9th, 2020 at 1146.27
The intermediate-term trend has been DOWN since Oct 22nd, 2020 at 1157.80
The short-term trend has been DOWN since Feb 16th, 2021 at 991.42
Smart Scan Analysis for DJTMNQU
Based on our trend formula, DJTMNQU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1128.57||52wk High Date||2018-03-21|
|52wk Low||1061.71||52wk Low Date||2017-12-06|