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Index Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

Dow Jones Global Financials Index (INDEX:W1FIN)

Countertrend Up (+85) - W1FIN 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 W1FIN?

MarketClub looks at technical strength and momentum to determine if the timing is right for W1FIN.

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

INDEX_W1FIN
Open High Low W1FIN Price Change
316.94 317.34 316.93 317.31 +0.42
Entry Signal

MarketClub’s Trade Triangles for W1FIN

long term up The long-term trend has been UP since Dec 1st, 2023 at 279.81

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 310.85

short term down The short-term trend has been DOWN since May 20th, 2024 at 320.31

Smart Scan Analysis for W1FIN

Based on our trend formula, W1FIN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for W1FIN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
316.94 317.34 316.93 317.31 +0.42
Prev. Close Volume Bid Ask Time
316.89 0 2024-05-27 13:45:25
52wk High284.8852wk High Date2018-01-29
52wk Low230.3352wk Low Date2018-10-26
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