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Index Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

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

Long-Term Downtrend (-90) - DJUSBK is in a strong downtrend that is likely to continue. While DJUSBK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
439.05 441.65 433.38 440.22 -1.57
Entry Signal

MarketClub’s Trade Triangles for DJUSBK

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 549.67

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 454.32

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 442.24

Smart Scan Analysis for DJUSBK

Based on our trend formula, DJUSBK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DJUSBK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
439.05 441.65 433.38 440.22 -1.57
Prev. Close Volume Bid Ask Time
441.79 116777780 2022-07-06 15:40:37
52wk High517.8452wk High Date2018-01-29
52wk Low419.3152wk Low Date2018-10-24
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