Index Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
Dow Jones U.S. Multiutilities Total Stock Market Index (INDEX:DWCMUT)
Sidelines Mode (-55) - DWCMUT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DWCMUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWCMUT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWCMUT
The long-term trend has been DOWN since Feb 28th, 2020 at 2536.02
The intermediate-term trend has been DOWN since Aug 21st, 2020 at 2346.15
The short-term trend has been UP since Sep 15th, 2020 at 2398.03
Smart Scan Analysis for DWCMUT
Based on our trend formula, DWCMUT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2383.2||52wk High Date||2017-12-01|
|52wk Low||1979.01||52wk Low Date||2018-02-06|