Index Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
Dow Jones U.S. Defense Index (INDEX:DJUSDN)
Countertrend Down (-85) - DJUSDN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Sep 13th, 2021 at 472.73
The intermediate-term trend has been DOWN since Sep 10th, 2021 at 478.50
The short-term trend has been UP since Sep 23rd, 2021 at 467.79
Smart Scan Analysis for DJUSDN
Based on our trend formula, DJUSDN is rated as a -85 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|