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Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2024.

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

Weak Downtrend (-65) - DJUSBM is showing signs of a strengthening downtrend. Monitor DJUSBM as it may be building momentum to the downside.

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
578.55 579.20 574.25 575.01 -2.53
Entry Signal

MarketClub’s Trade Triangles for DJUSBM

long term up The long-term trend has been UP since Sep 19th, 2024 at 602.13

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2024 at 602.91

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 589.20

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).

-70
Smart Scan Analysis for DJUSBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
578.55 579.20 574.25 575.01 -2.53
Prev. Close Volume Bid Ask Time
575.01 95039866 2024-12-06 16:19:06
52wk High436.1152wk High Date2018-01-25
52wk Low343.1652wk Low Date2018-10-26
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