Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Dow Jones U.S. Telecommunications Total Return Index (INDEX:DJUSTLT)
Countertrend Down (-85) - DJUSTLT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid DJUSTLT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSTLT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSTLT
The long-term trend has been DOWN since Jul 19th, 2021 at 516.87
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 520.65
The short-term trend has been UP since Nov 23rd, 2021 at 473.14
Smart Scan Analysis for DJUSTLT
Based on our trend formula, DJUSTLT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||472.93||52wk High Date||2018-02-01|
|52wk Low||394.76||52wk Low Date||2018-05-09|