Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Guggenheim RBP Large-Cap Value Index (CME:DRLVAL)
Sidelines Mode (+55) - DRLVAL 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 DRLVAL?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRLVAL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DRLVAL
The long-term trend has been UP since Dec 13th, 2023 at 6946.24
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 7590.11
The short-term trend has been UP since Apr 19th, 2024 at 7457.11
Smart Scan Analysis for DRLVAL
Based on our trend formula, DRLVAL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7528.15 | 7555.21 | 7522.92 | 7552.29 | +37.85 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7514.44 | 0 | 2024-04-23 12:20:48 |
| 52wk High | 5981.16 | 52wk High Date | 2018-09-21 |
| 52wk Low | 5272.18 | 52wk Low Date | 2018-10-26 |