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Index Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Dow Jones Hong Kong Index (INDEX:HKDOW)

Long-Term Downtrend (-90) - HKDOW is in a strong downtrend that is likely to continue. While HKDOW 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 HKDOW?

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

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

INDEX_HKDOW
Open High Low HKDOW Price Change
372.02 372.17 370.22 370.77 +1.49
Entry Signal

MarketClub’s Trade Triangles for HKDOW

long term down The long-term trend has been DOWN since May 23rd, 2023 at 451.46

intermediate term down The intermediate-term trend has been DOWN since Nov 29th, 2023 at 381.32

short term down The short-term trend has been DOWN since Nov 24th, 2023 at 397.44

Smart Scan Analysis for HKDOW

Based on our trend formula, HKDOW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HKDOW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
372.02 372.17 370.22 370.77 +1.49
Prev. Close Volume Bid Ask Time
369.28 0 2023-12-08 10:11:55
52wk High621.9452wk High Date2018-01-29
52wk Low486.4252wk Low Date2018-10-30
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