Index Trend Analysis Report
Prepared for you on Tuesday, July 14, 2020.
Dow Jones U.S. Software Index (INDEX:DJUSSW)
Countertrend Up (+85) - DJUSSW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for DJUSSW
The long-term trend has been UP since Jun 2nd, 2020 at 3528.14
The intermediate-term trend has been UP since Mar 31st, 2020 at 3016.79
The short-term trend has been DOWN since Jul 13th, 2020 at 3916.58
Smart Scan Analysis for DJUSSW
Based on our trend formula, DJUSSW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2414.75||52wk High Date||2018-10-01|
|52wk Low||1663.65||52wk Low Date||2017-12-06|