Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Dow Jones U.S. Media Total Stock Market Index (INDEX:DWCMDI)

Bear Market Rally (-75) - DWCMDI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DWCMDI as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid DWCMDI?

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

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

INDEX_DWCMDI
Open High Low DWCMDI Price Change
7611.53 7710.67 7611.53 7708.52 +62.27
Entry Signal

MarketClub’s Trade Triangles for DWCMDI

long term down The long-term trend has been DOWN since May 23rd, 2024 at 7715.30

intermediate term down The intermediate-term trend has been DOWN since May 23rd, 2024 at 7745.76

short term up The short-term trend has been UP since Jun 18th, 2024 at 7693.90

Smart Scan Analysis for DWCMDI

Based on our trend formula, DWCMDI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DWCMDI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7611.53 7710.67 7611.53 7708.52 +62.27
Prev. Close Volume Bid Ask Time
7646.25 0 2024-06-20 16:20:04
52wk High9182.2952wk High Date2018-01-26
52wk Low7587.6852wk Low Date2018-05-03
Get a free daily analysis and signals for Dow Jones U.S. Media Total Stock Market Index (DWCMDI) - Request Your Free Report.