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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
NASDAQ US Buyback Achievers Net Total Return Index (NASDAQ:DRBN)
Sidelines Mode (+55) - DRBN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DRBN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRBN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DRBN
The long-term trend has been UP since Dec 1st, 2023 at 2456.20
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 2748.28
The short-term trend has been UP since Apr 4th, 2024 at 2853.82
Smart Scan Analysis for DRBN
Based on our trend formula, DRBN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2685.68 | 2703.72 | 2684.51 | 2700.22 | +19.14 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2681.08 | 0 | 2024-04-19 17:15:05 |