Index Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Dow Jones U.S. Pharmaceuticals & Biotechnology Index (INDEX:DJUSPN)
Countertrend Down (-85) - DJUSPN 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 DJUSPN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSPN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSPN
The long-term trend has been DOWN since Oct 1st, 2021 at 1014.94
The intermediate-term trend has been DOWN since Sep 9th, 2021 at 1083.46
The short-term trend has been UP since Oct 15th, 2021 at 1015.01
Smart Scan Analysis for DJUSPN
Based on our trend formula, DJUSPN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||825.14||52wk High Date||2018-10-03|
|52wk Low||679.07||52wk Low Date||2018-05-03|