Index Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
Dow Jones U.S. Airlines Index (INDEX:DJUSAR)
Bear Market Rally (-75) - DJUSAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJUSAR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DJUSAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSAR
The long-term trend has been DOWN since Mar 24th, 2023 at 136.57
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 158.81
The short-term trend has been UP since Mar 29th, 2023 at 141.85
Smart Scan Analysis for DJUSAR
Based on our trend formula, DJUSAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||313.5||52wk High Date||2018-01-16|
|52wk Low||242.02||52wk Low Date||2018-06-28|