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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

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

Long-Term Downtrend (-90) - DJUSBT is in a strong downtrend that is likely to continue. While DJUSBT 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 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
2657.71 2663.23 2648.71 2659.11 +9.05
Entry Signal

MarketClub’s Trade Triangles for DJUSBT

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 2714.37

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 2830.70

short term down The short-term trend has been DOWN since Apr 1st, 2024 at 2849.19

Smart Scan Analysis for DJUSBT

Based on our trend formula, DJUSBT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DJUSBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2657.71 2663.23 2648.71 2659.11 +9.05
Prev. Close Volume Bid Ask Time
2650.06 6978424 2024-04-19 10:05:51
52wk High2285.7752wk High Date2018-01-29
52wk Low1831.3952wk Low Date2018-10-25
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