Index Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
Dow Jones U.S. Restaurants & Bars Index (INDEX:DJUSRU)
Strong Downtrend (-100) - DJUSRU is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DJUSRU continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJUSRU?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSRU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSRU
The long-term trend has been DOWN since Jan 14th, 2022 at 2451.46
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 2527.80
The short-term trend has been DOWN since Jan 3rd, 2022 at 2670.10
Smart Scan Analysis for DJUSRU
Based on our trend formula, DJUSRU is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1701.76||52wk High Date||2018-11-29|
|52wk Low||1372.48||52wk Low Date||2018-02-09|