Index Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
Dow Jones U.K. Index (INDEX:GBDOW)
Long-Term Downtrend (-90) - GBDOW is in a strong downtrend that is likely to continue. While GBDOW is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBDOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBDOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBDOW
The long-term trend has been DOWN since Feb 25th, 2020 at 318.71
The intermediate-term trend has been DOWN since Oct 21st, 2020 at 257.49
The short-term trend has been DOWN since Oct 14th, 2020 at 264.55
Smart Scan Analysis for GBDOW
Based on our trend formula, GBDOW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||353.63||52wk High Date||2018-05-22|
|52wk Low||307.01||52wk Low Date||2018-10-26|