Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Dow Jones U.S. Oil Equipment & Services Index (INDEX:DJUSOI)
Bull Market Weakness (+75) - DJUSOI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJUSOI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJUSOI?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSOI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSOI
The long-term trend has been DOWN since Feb 21st, 2020 at 206.54
The intermediate-term trend has been UP since Apr 7th, 2020 at 95.38
The short-term trend has been UP since May 18th, 2020 at 109.49
Smart Scan Analysis for DJUSOI
Based on our trend formula, DJUSOI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||495.22||52wk High Date||2018-01-23|
|52wk Low||295.98||52wk Low Date||2018-11-28|