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Index Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Dow Jones U.S. Banks Index (INDEX:DJUSBK)

Bear Market Rally (-75) - DJUSBK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJUSBK as it may be in the beginning of a reversal.

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

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

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

INDEX_DJUSBK
Open High Low DJUSBK Price Change
313.84 314.44 307.83 310.94 -2.74
Entry Signal

MarketClub’s Trade Triangles for DJUSBK

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 479.41

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2020 at 302.65

short term up The short-term trend has been UP since May 18th, 2020 at 300.26

Smart Scan Analysis for DJUSBK

Based on our trend formula, DJUSBK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DJUSBK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
313.84 314.44 307.83 310.94 -2.74
Prev. Close Volume Bid Ask Time
316.86 199511817 2020-05-22 18:13:28
52wk High517.8452wk High Date2018-01-29
52wk Low419.3152wk Low Date2018-10-24
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