Index Trend Analysis Report
Prepared for you on Wednesday, October 21, 2020.
Dow Jones U.S. Financial Services Index (USD) (INDEX:DJUSGF)
Countertrend Up (+85) - DJUSGF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DJUSGF?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSGF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSGF
The long-term trend has been UP since Jun 5th, 2020 at 1328.23
The intermediate-term trend has been UP since Oct 6th, 2020 at 1352.64
The short-term trend has been DOWN since Oct 14th, 2020 at 1368.28
Smart Scan Analysis for DJUSGF
Based on our trend formula, DJUSGF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1190.09||52wk High Date||2018-09-21|
|52wk Low||1022.55||52wk Low Date||2018-10-29|