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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.
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MarketClub’s Trade Triangles for DJUSBK
The long-term trend has been DOWN since Feb 24th, 2022 at 549.67
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 454.32
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).
| 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 High | 517.84 | 52wk High Date | 2018-01-29 |
| 52wk Low | 419.31 | 52wk Low Date | 2018-10-24 |