Index Trend Analysis Report
Prepared for you on Saturday, August 13, 2022.
Dow Jones U.S. Telecommunications Equipment Index (INDEX:DJUSCT)
Bull Market Weakness (+75) - DJUSCT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJUSCT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJUSCT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSCT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSCT
The long-term trend has been DOWN since Feb 14th, 2022 at 1538.71
The intermediate-term trend has been UP since Jul 20th, 2022 at 1321.07
The short-term trend has been UP since Jul 27th, 2022 at 1337.41
Smart Scan Analysis for DJUSCT
Based on our trend formula, DJUSCT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1318.27||52wk High Date||2018-10-03|
|52wk Low||1016.59||52wk Low Date||2017-12-06|