TRANSPORTS GOING DOWN.
CSS III: Analysis of DOW JONES TRANSPORT AV INDEX (.DJT3)
Reviewed on 10/1/98
**************************** High: 2,646.030 Low: 2,541.630 Close: 2,562.050 Change: -82.620 (-3.1240%)
Volume Today: 0 shares.
On 10/1/98, DOW JONES TRANSPORT AV INDEX closed down -82.6199 at 2,562.0500 on volume 0.00% below average. ****************************
Summary:
MOVING AVERAGES
DOW JONES TRANSPORT AV INDEX closed at: 2,562.050
The close is currently Below its 5 period exponential moving average (2,684.2349).
The close is currently Below its 9 period exponential moving average (2,730.3093).
The close is currently Below its 13 period exponential moving average (2,752.3784).
The close is currently Below its 21 period exponential moving average (2,788.2090).
The close is currently Below its 50 period exponential moving average(2,933.6541).
The close is currently Below its 89 period exponential moving average(3,068.6118).
The close is currently Below its 144 period exponential moving average(3,151.2439).
The close is currently Below its 200 period exponential moving average (3,164.5732).
********************************************* TREND STRENGTH:
- this number represents the trend strength. Ideally, for going long, you want to see a rising value for each progressing day. A low reading (around 20's-40's) represents an oversold condition - this could mean that uptrend might just be starting. A high reading (around 80's-90's) represents an overbought condition - this could mean that uptrend might be limited/topping. Trend Strength for the Last 10 Days Today's value is the first line. 69.5129 73.1399 75.6739 76.2830 75.5264 74.9104 73.3058 69.4924 65.1341 62.3522 58.8425
Super MACD
Currently the MACD is bearish since it is trading below its signal line.The MACD crossed below its signal line 0 period(s) ago. Since the MACD crossed its moving average, DOW JONES TRANSPORT AV INDEX's price has been unchanged, and has ranged from a high of 2,646.030 to a low of 2,541.630.
SUPER RELATIVE STRENGTH (Super RSI)
This customized RSI shows overbought (above 80) and oversold (below 20) areas. The current value of the Super RSI is 22.62. The Super RSI can also be used with when it moves above and below the 60 trigger line. Currently is Below the 60 trigger line.
PARABOLIC STOP AND REVERSE (SAR)
There were no SAR signals generated today. The last signal was a Sell 2 period(s) Ago.
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. Always use other indicators/forms of analysis to confirm. |