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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Guggenheim RBP Large-Cap Market Index (CME:DRLMT1)
Sidelines Mode (+55) - DRLMT1 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 DRLMT1?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRLMT1.
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 DRLMT1
The long-term trend has been UP since Nov 20th, 2023 at 11080.40
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 12593.82
The short-term trend has been UP since Apr 23rd, 2024 at 12403.85
Smart Scan Analysis for DRLMT1
Based on our trend formula, DRLMT1 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12236.26 | 12388.76 | 12212.81 | 12372.39 | -58.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12372.39 | 0 | 2024-04-25 16:19:48 |
| 52wk High | 7765.29 | 52wk High Date | 2018-08-29 |
| 52wk Low | 6661.17 | 52wk Low Date | 2018-02-09 |