Index Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Dow Jones U.S. Restaurants & Bars Total Stock Market Index (INDEX:DWCRES)
Weak Downtrend (-65) - DWCRES is showing signs of a strengthening downtrend. Monitor DWCRES as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DWCRES?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWCRES.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWCRES
The long-term trend has been UP since Jun 5th, 2020 at 23322.62
The intermediate-term trend has been DOWN since Sep 15th, 2021 at 31440.38
The short-term trend has been DOWN since Oct 20th, 2021 at 31049.57
Smart Scan Analysis for DWCRES
Based on our trend formula, DWCRES is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||21225.51||52wk High Date||2018-11-29|
|52wk Low||17151.3||52wk Low Date||2018-02-09|