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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Guggenheim RBP Large-Cap Value Index (CME:DRLVAL)

Weak Downtrend (-65) - DRLVAL is showing signs of a strengthening downtrend. Monitor DRLVAL as it may be building momentum to the downside.

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

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

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

CME_DRLVAL
Open High Low DRLVAL Price Change
7441.29 7457.11 7394.85 7422.20 -15.69
Entry Signal

MarketClub’s Trade Triangles for DRLVAL

long term up The long-term trend has been UP since Dec 13th, 2023 at 6946.24

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 7590.11

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 7756.29

Smart Scan Analysis for DRLVAL

Based on our trend formula, DRLVAL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DRLVAL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7441.29 7457.11 7394.85 7422.20 -15.69
Prev. Close Volume Bid Ask Time
7437.89 0 2024-04-16 16:19:48
52wk High5981.1652wk High Date2018-09-21
52wk Low5272.1852wk Low Date2018-10-26
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