Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DJUSBK
The long-term trend has been DOWN since Feb 24th, 2020 at 479.41
The intermediate-term trend has been DOWN since May 12th, 2020 at 302.65
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).
| 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 High | 517.84 | 52wk High Date | 2018-01-29 |
| 52wk Low | 419.31 | 52wk Low Date | 2018-10-24 |