Index Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
Dow Jones U.S. Defense Index (INDEX:DJUSDN)
Bear Market Rally (-75) - DJUSDN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJUSDN as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for DJUSDN
The long-term trend has been DOWN since Feb 27th, 2020 at 485.94
The intermediate-term trend has been UP since Jan 14th, 2021 at 425.79
The short-term trend has been DOWN since Jan 26th, 2021 at 414.58
Smart Scan Analysis for DJUSDN
Based on our trend formula, DJUSDN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||509.67||52wk High Date||2018-04-24|
|52wk Low||386.2||52wk Low Date||2018-10-29|