Index Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Dow Jones Italy Index (INDEX:ITDOW)
Long-Term Uptrend (+90) - ITDOW is in a strong uptrend that is likely to continue. While ITDOW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ITDOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for ITDOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ITDOW
The long-term trend has been UP since Nov 15th, 2023 at 226.26
The intermediate-term trend has been UP since Nov 3rd, 2023 at 219.00
The short-term trend has been UP since Nov 27th, 2023 at 225.31
Smart Scan Analysis for ITDOW
Based on our trend formula, ITDOW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||191.18||52wk High Date||2018-05-08|
|52wk Low||142.89||52wk Low Date||2018-10-25|