Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Dow Jones U.S. Media Index (INDEX:DJUSME)
Sidelines Mode (+55) - DJUSME is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJUSME?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSME.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DJUSME
The long-term trend has been UP since Dec 13th, 2023 at 812.28
The intermediate-term trend has been UP since May 6th, 2024 at 818.93
The short-term trend has been DOWN since May 7th, 2024 at 796.14
Smart Scan Analysis for DJUSME
Based on our trend formula, DJUSME is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 803.46 | 804.67 | 794.57 | 796.39 | -28.39 |
| Prev. Close | Volume | Bid | Ask | Time |
| 796.39 | 230327821 | 2024-05-07 17:39:24 |
| 52wk High | 923.69 | 52wk High Date | 2018-01-26 |
| 52wk Low | 762.48 | 52wk Low Date | 2018-05-03 |