Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Dow Jones U.S. Medical Equipment Index (INDEX:DJUSAM)

Long-Term Uptrend (+90) - DJUSAM is in a strong uptrend that is likely to continue. While DJUSAM 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 DJUSAM?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSAM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJUSAM
Open High Low DJUSAM Price Change
2790.28 2798.09 2785.00 2790.52 +2.60
Entry Signal

MarketClub’s Trade Triangles for DJUSAM

long term up The long-term trend has been UP since Dec 13th, 2023 at 2489.85

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 2257.87

short term up The short-term trend has been UP since Mar 21st, 2024 at 2744.78

Smart Scan Analysis for DJUSAM

Based on our trend formula, DJUSAM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DJUSAM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2790.28 2798.09 2785.00 2790.52 +2.60
Prev. Close Volume Bid Ask Time
2790.52 48756724 2024-03-28 16:19:41
52wk High1752.8552wk High Date2018-10-01
52wk Low1305.1552wk Low Date2017-12-06
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