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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
NASDAQ US BUYBACK ACHIEVERS SELECT INDEX (NASDAQ:DRBS)
Sidelines Mode (+55) - DRBS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DRBS?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRBS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DRBS
The long-term trend has been UP since Dec 1st, 2023 at 2014.58
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 2225.38
The short-term trend has been UP since Apr 22nd, 2024 at 2211.55
Smart Scan Analysis for DRBS
Based on our trend formula, DRBS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2211.83 | 2222.16 | 2190.10 | 2217.00 | -15.74 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2232.74 | 0 | 2024-04-25 17:15:55 |
| 52wk High | 1440.33 | 52wk High Date | 2018-01-24 |
| 52wk Low | 1231.15 | 52wk Low Date | 2018-10-26 |