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Index Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

Dow Jones U.S. Defense Index (INDEX:DJUSDN)

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

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

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

INDEX_DJUSDN
Open High Low DJUSDN Price Change
636.35 637.86 635.57 636.18 +0.16
Entry Signal

MarketClub’s Trade Triangles for DJUSDN

long term up The long-term trend has been UP since Oct 16th, 2023 at 570.86

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2024 at 628.65

short term up The short-term trend has been UP since May 7th, 2024 at 631.12

Smart Scan Analysis for DJUSDN

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

+90
Smart Scan Analysis for DJUSDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
636.35 637.86 635.57 636.18 +0.16
Prev. Close Volume Bid Ask Time
636.02 3503188 2024-05-10 16:19:41
52wk High509.6752wk High Date2018-04-24
52wk Low386.252wk Low Date2018-10-29
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