Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Dow Jones Global ex-U.S. Telecommunications Index (INDEX:W2TLS)
Long-Term Uptrend (+90) - W2TLS is in a strong uptrend that is likely to continue. While W2TLS 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 W2TLS?
MarketClub looks at technical strength and momentum to determine if the timing is right for W2TLS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for W2TLS
The long-term trend has been UP since Dec 1st, 2023 at 267.73
The intermediate-term trend has been UP since Nov 3rd, 2023 at 258.77
The short-term trend has been UP since Nov 14th, 2023 at 258.98
Smart Scan Analysis for W2TLS
Based on our trend formula, W2TLS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||343.89||52wk High Date||2018-01-25|
|52wk Low||273.93||52wk Low Date||2018-11-01|