Index Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Dow Jones U.S. Broadcasting & Entertainment Index (INDEX:DJUSBC)
Bear Market Rally (-75) - DJUSBC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJUSBC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DJUSBC?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSBC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSBC
The long-term trend has been DOWN since Sep 21st, 2021 at 1962.18
The intermediate-term trend has been DOWN since Sep 14th, 2021 at 2048.16
The short-term trend has been UP since Oct 14th, 2021 at 1954.44
Smart Scan Analysis for DJUSBC
Based on our trend formula, DJUSBC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1380.37||52wk High Date||2018-01-26|
|52wk Low||1122.89||52wk Low Date||2018-05-03|