
Index Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
Dow Jones U.S. Basic Materials Index (INDEX:DJUSBM)
Sidelines Mode (+55) - DJUSBM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for DJUSBM
The long-term trend has been DOWN since Oct 2nd, 2023 at 514.23
The intermediate-term trend has been UP since Nov 14th, 2023 at 525.06
The short-term trend has been DOWN since Dec 5th, 2023 at 533.89
Smart Scan Analysis for DJUSBM
Based on our trend formula, DJUSBM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
530.96 | 533.35 | 529.85 | 532.53 | +2.85 |
Prev. Close | Volume | Bid | Ask | Time |
529.68 | 103967953 | 2023-12-07 16:16:56 |
52wk High | 436.11 | 52wk High Date | 2018-01-25 |
52wk Low | 343.16 | 52wk Low Date | 2018-10-26 |