Index Trend Analysis Report
Prepared for you on Monday, January 25, 2021.
Guggenheim RBP Dividend Index (CME:DRDIV)
Countertrend Up (+85) - DRDIV is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DRDIV?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRDIV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRDIV
The long-term trend has been UP since Aug 11th, 2020 at 5009.33
The intermediate-term trend has been UP since Nov 9th, 2020 at 5070.83
The short-term trend has been DOWN since Jan 15th, 2021 at 5868.92
Smart Scan Analysis for DRDIV
Based on our trend formula, DRDIV is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5288.4||52wk High Date||2018-01-26|
|52wk Low||4677.17||52wk Low Date||2018-10-26|