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Index Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Dow Jones U.S. Basic Materials Index (INDEX:DJUSBM)
Bull Market Weakness (+75) - DJUSBM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJUSBM as it may be in the beginning stages of a reversal.
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 Jul 19th, 2021 at 504.28
The intermediate-term trend has been UP since Oct 11th, 2021 at 518.41
The short-term trend has been UP since Oct 7th, 2021 at 511.30
Smart Scan Analysis for DJUSBM
Based on our trend formula, DJUSBM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 534.50 | 535.75 | 528.81 | 534.94 | -0.32 |
| Prev. Close | Volume | Bid | Ask | Time |
| 535.26 | 143369559 | 2021-10-18 17:49:52 |
| 52wk High | 436.11 | 52wk High Date | 2018-01-25 |
| 52wk Low | 343.16 | 52wk Low Date | 2018-10-26 |