Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
Dow Jones U.S. Telecommunications Total Return Index (INDEX:DJUSTLT)
Bull Market Weakness (+75) - DJUSTLT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJUSTLT as it may be in the beginning stages of a reversal.
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 Feb 27th, 2020 at 519.92
The intermediate-term trend has been UP since Jul 16th, 2020 at 491.18
The short-term trend has been UP since Aug 3rd, 2020 at 494.62
Smart Scan Analysis for DJUSTLT
Based on our trend formula, DJUSTLT is rated as a +70 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|