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Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Dow Jones U.S. Basic Materials Total Stock Market Index (INDEX:DWCBSM)

Crossroads (-60) - DWCBSM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

INDEX_DWCBSM
Open High Low DWCBSM Price Change
6295.95 6322.29 6254.85 6282.18 +1.27
Entry Signal

MarketClub’s Trade Triangles for DWCBSM

long term up The long-term trend has been UP since Dec 14th, 2023 at 6020.04

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 6303.81

short term down The short-term trend has been DOWN since Apr 4th, 2024 at 6454.22

Smart Scan Analysis for DWCBSM

Based on our trend formula, DWCBSM is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DWCBSM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6295.95 6322.29 6254.85 6282.18 +1.27
Prev. Close Volume Bid Ask Time
6282.18 0 2024-04-19 16:19:23
52wk High4751.552wk High Date2018-01-25
52wk Low3745.4952wk Low Date2018-10-26
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