Index Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
Dow Jones U.S. Food & Drug Retailers Total Stock Market Index (INDEX:DWCFDR)
Bull Market Weakness (+75) - DWCFDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DWCFDR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DWCFDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWCFDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWCFDR
The long-term trend has been UP since Jul 21st, 2020 at 7721.3
The intermediate-term trend has been UP since Sep 30th, 2020 at 7910.8
The short-term trend has been DOWN since Oct 19th, 2020 at 8262.2
Smart Scan Analysis for DWCFDR
Based on our trend formula, DWCFDR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7604.58||52wk High Date||2018-11-09|
|52wk Low||6009.51||52wk Low Date||2018-04-02|