Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Dow Jones U.S. Basic Resources Index (INDEX:DJUSBS)

Bull Market Weakness (+75) - DJUSBS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJUSBS as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid DJUSBS?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSBS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJUSBS
Open High Low DJUSBS Price Change
137.89 142.14 137.09 141.30 +4.12
Entry Signal

MarketClub’s Trade Triangles for DJUSBS

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 158.80

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 134.29

short term up The short-term trend has been UP since Apr 2nd, 2020 at 133.27

Smart Scan Analysis for DJUSBS

Based on our trend formula, DJUSBS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for DJUSBS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
137.89 142.14 137.09 141.30 +4.12
Prev. Close Volume Bid Ask Time
127.76 71790141 2020-04-08 16:20:01
52wk High215.552wk High Date2018-01-29
52wk Low152.2952wk Low Date2018-11-28
Get a free daily analysis and signals for Dow Jones U.S. Basic Resources Index (DJUSBS) - Request Your Free Report.