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Index Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Dow Jones U.S. Biotechnology Index (INDEX:DJUSBT)

Countertrend Down (-85) - DJUSBT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

INDEX_DJUSBT
Open High Low DJUSBT Price Change
2809.20 2815.03 2784.48 2788.88 -6.72
Entry Signal

MarketClub’s Trade Triangles for DJUSBT

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 2820.28

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2021 at 3013.47

short term up The short-term trend has been UP since Oct 14th, 2021 at 2789.00

Smart Scan Analysis for DJUSBT

Based on our trend formula, DJUSBT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DJUSBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2809.20 2815.03 2784.48 2788.88 -6.72
Prev. Close Volume Bid Ask Time
2788.88 86845994 2021-10-15 16:19:26
52wk High2285.7752wk High Date2018-01-29
52wk Low1831.3952wk Low Date2018-10-25
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