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Index Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

Dow Jones U.S. Basic Materials Index (INDEX:DJUSBM)

Long-Term Downtrend (-90) - DJUSBM is in a strong downtrend that is likely to continue. While DJUSBM 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 DJUSBM?

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

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

INDEX_DJUSBM
Open High Low DJUSBM Price Change
484.05 500.70 483.85 500.61 +19.27
Entry Signal

MarketClub’s Trade Triangles for DJUSBM

long term down The long-term trend has been DOWN since Jun 13th, 2022 at 518.66

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 535.45

short term down The short-term trend has been DOWN since Jun 8th, 2022 at 568.61

Smart Scan Analysis for DJUSBM

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

-90
Smart Scan Analysis for DJUSBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
484.05 500.70 483.85 500.61 +19.27
Prev. Close Volume Bid Ask Time
500.61 294460744 2022-06-24 16:20:01
52wk High436.1152wk High Date2018-01-25
52wk Low343.1652wk Low Date2018-10-26
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