Index Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Dow Jones U.S. Iron & Steel Index (INDEX:DJUSST)
Sidelines Mode (-55) - DJUSST 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 DJUSST?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSST.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSST
The long-term trend has been UP since Nov 14th, 2022 at 492.42
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 558.20
The short-term trend has been UP since Mar 21st, 2023 at 530.53
Smart Scan Analysis for DJUSST
Based on our trend formula, DJUSST is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||317.51||52wk High Date||2018-02-20|
|52wk Low||234.15||52wk Low Date||2018-11-28|