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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.
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MarketClub’s Trade Triangles for DJUSBM
The long-term trend has been DOWN since Jun 13th, 2022 at 518.66
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 535.45
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).
| 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 High | 436.11 | 52wk High Date | 2018-01-25 |
| 52wk Low | 343.16 | 52wk Low Date | 2018-10-26 |