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Index Trend Analysis Report
Prepared for you on Monday, March 1, 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 UP since Jun 1st, 2020 at 356.71
The intermediate-term trend has been UP since Feb 16th, 2021 at 474.91
The short-term trend has been DOWN since Feb 26th, 2021 at 470.79
Smart Scan Analysis for DJUSBM
Based on our trend formula, DJUSBM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 468.67 | 481.60 | 468.67 | 479.38 | +12.21 |
| Prev. Close | Volume | Bid | Ask | Time |
| 467.17 | 61791783 | 2021-03-01 15:06:16 |
| 52wk High | 436.11 | 52wk High Date | 2018-01-25 |
| 52wk Low | 343.16 | 52wk Low Date | 2018-10-26 |