Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
NASDAQ US Buyback Achievers Select NTR Index (NASDAQ:DRBSN)
Bear Market Rally (-75) - DRBSN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DRBSN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DRBSN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRBSN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRBSN
The long-term trend has been DOWN since Feb 25th, 2020 at 1443.71
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1477.06
The short-term trend has been UP since Apr 6th, 2020 at 911.77
Smart Scan Analysis for DRBSN
Based on our trend formula, DRBSN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).