Index Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Dow Jones U.S. Food Products Index (INDEX:DJUSFP)
Bull Market Weakness (+75) - DJUSFP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJUSFP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJUSFP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSFP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSFP
The long-term trend has been DOWN since Aug 3rd, 2021 at 602.93
The intermediate-term trend has been UP since Oct 6th, 2021 at 601.93
The short-term trend has been UP since Oct 20th, 2021 at 607.87
Smart Scan Analysis for DJUSFP
Based on our trend formula, DJUSFP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||557.28||52wk High Date||2018-01-29|
|52wk Low||471.08||52wk Low Date||2018-05-03|