Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
Guggenheim RBP Small-Cap Index (CME:DRSML)
Countertrend Up (+85) - DRSML 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 DRSML?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRSML.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRSML
The long-term trend has been UP since Nov 26th, 2019 at 17456.00
The intermediate-term trend has been UP since Feb 19th, 2020 at 18451.38
The short-term trend has been DOWN since Feb 21st, 2020 at 18235.54
Smart Scan Analysis for DRSML
Based on our trend formula, DRSML is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||18654.25||52wk High Date||2018-08-31|
|52wk Low||15039.31||52wk Low Date||2018-11-20|