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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Dow Jones U.S. Software Index (INDEX:DJUSSW)

Sidelines Mode (-55) - DJUSSW 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 DJUSSW?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSSW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJUSSW
Open High Low DJUSSW Price Change
6491.15 6505.98 6402.78 6406.20 -89.21
Entry Signal

MarketClub’s Trade Triangles for DJUSSW

long term up The long-term trend has been UP since Nov 3rd, 2023 at 5621.84

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 6660.70

short term up The short-term trend has been UP since Apr 4th, 2024 at 6832.56

Smart Scan Analysis for DJUSSW

Based on our trend formula, DJUSSW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DJUSSW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6491.15 6505.98 6402.78 6406.20 -89.21
Prev. Close Volume Bid Ask Time
6495.41 227510211 2024-04-18 16:19:37
52wk High2414.7552wk High Date2018-10-01
52wk Low1663.6552wk Low Date2017-12-06
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