Index Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Dow Jones Telecommunications Titans 30 Index (INDEX:DJTTEL)
Long-Term Uptrend (+90) - DJTTEL is in a strong uptrend that is likely to continue. While DJTTEL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DJTTEL?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJTTEL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJTTEL
The long-term trend has been UP since Nov 20th, 2023 at 216.20
The intermediate-term trend has been UP since Nov 1st, 2023 at 207.83
The short-term trend has been UP since Nov 14th, 2023 at 211.88
Smart Scan Analysis for DJTTEL
Based on our trend formula, DJTTEL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||280.8||52wk High Date||2018-01-29|
|52wk Low||233.29||52wk Low Date||2018-11-01|