Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, May 17, 2021.

Dow Jones Mexico Index (INDEX:MXDOW)

Countertrend Up (+85) - MXDOW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid MXDOW?

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

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

INDEX_MXDOW
Open High Low MXDOW Price Change
3272.32 3282.26 3260.05 3279.70 +7.44
Entry Signal

MarketClub’s Trade Triangles for MXDOW

long term up The long-term trend has been UP since Nov 9th, 2020 at 2613.36

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2021 at 3014.21

short term down The short-term trend has been DOWN since May 12th, 2021 at 3249.04

Smart Scan Analysis for MXDOW

Based on our trend formula, MXDOW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for MXDOW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3272.32 3282.26 3260.05 3279.70 +7.44
Prev. Close Volume Bid Ask Time
3272.26 0 2021-05-17 16:40:03
52wk High3379.1152wk High Date2018-01-26
52wk Low2606.9652wk Low Date2018-11-26
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