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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Dow Jones U.S. Basic Materials Total Return Index (INDEX:DJUSBMT)

Strong Uptrend (+100) - DJUSBMT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DJUSBMT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

INDEX_DJUSBMT
Open High Low DJUSBMT Price Change
1210.67 1231.01 1210.67 1230.84 +21.38
Entry Signal

MarketClub’s Trade Triangles for DJUSBMT

long term up The long-term trend has been UP since Dec 14th, 2023 at 1131.99

intermediate term up The intermediate-term trend has been UP since Feb 15th, 2024 at 1122.98

short term up The short-term trend has been UP since Mar 27th, 2024 at 1218.45

Smart Scan Analysis for DJUSBMT

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

+100
Smart Scan Analysis for DJUSBMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1210.67 1231.01 1210.67 1230.84 +21.38
Prev. Close Volume Bid Ask Time
1230.84 0 2024-03-27 17:46:47
52wk High787.6952wk High Date2018-01-25
52wk Low628.852wk Low Date2018-10-26
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