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Index Trend Analysis Report
Prepared for you on Friday, January 17, 2025.
Materials Select Sector Index (CME:IXB)
Bull Market Weakness (+75) - IXB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IXB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IXB?
MarketClub looks at technical strength and momentum to determine if the timing is right for IXB.
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 IXB
The long-term trend has been DOWN since Dec 16th, 2024 at 941.20
The intermediate-term trend has been UP since Jan 14th, 2025 at 911.62
The short-term trend has been UP since Jan 13th, 2025 at 899.73
Smart Scan Analysis for IXB
Based on our trend formula, IXB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 935.87 | 941.59 | 935.68 | 941.09 | +8.71 |
| Prev. Close | Volume | Bid | Ask | Time |
| 932.38 | 0 | 2025-01-17 10:36:51 |
| 52wk High | 679.34 | 52wk High Date | 2018-01-26 |
| 52wk Low | 529.98 | 52wk Low Date | 2018-10-26 |