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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.

INDEX_DJUSBM
Open High Low DJUSBM Price Change
534.50 535.75 528.81 534.94 -0.32
Entry Signal

MarketClub’s Trade Triangles for DJUSBM

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 504.28

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 518.41

short term up 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).

+70
Smart Scan Analysis for DJUSBM
Strong Downtrend Sideways 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 High436.1152wk High Date2018-01-25
52wk Low343.1652wk Low Date2018-10-26
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