Index Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Guggenheim Directional Allocation Total Return Index (CME:DRDAL50)
Long-Term Uptrend (+90) - DRDAL50 is in a strong uptrend that is likely to continue. While DRDAL50 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DRDAL50?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRDAL50.
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 DRDAL50
The long-term trend has been UP since Nov 14th, 2023 at 20360.22
The intermediate-term trend has been UP since Nov 8th, 2023 at 19925.69
The short-term trend has been UP since Mar 18th, 2024 at 23931.46
Smart Scan Analysis for DRDAL50
Based on our trend formula, DRDAL50 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
24330.34 | 24413.59 | 24310.80 | 24367.37 | +49.46 |
Prev. Close | Volume | Bid | Ask | Time |
24367.37 | 0 | 2024-03-28 17:51:10 |
52wk High | 16112.89 | 52wk High Date | 2018-09-21 |
52wk Low | 13699.59 | 52wk Low Date | 2018-02-09 |