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Index Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

Dow Jones Americas Basic Materials Index (INDEX:A1BSC)

Bull Market Weakness (+75) - A1BSC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on A1BSC as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid A1BSC?

MarketClub looks at technical strength and momentum to determine if the timing is right for A1BSC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_A1BSC
Open High Low A1BSC Price Change
456.11 456.45 456.03 456.42 +0.23
Entry Signal

MarketClub’s Trade Triangles for A1BSC

long term up The long-term trend has been UP since Nov 10th, 2021 at 467.38

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 445.80

short term up The short-term trend has been UP since Dec 7th, 2021 at 449.48

Smart Scan Analysis for A1BSC

Based on our trend formula, A1BSC is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for A1BSC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
456.11 456.45 456.03 456.42 +0.23
Prev. Close Volume Bid Ask Time
456.19 0 2021-12-08 08:47:18
52wk High370.5952wk High Date2018-01-25
52wk Low294.0852wk Low Date2018-10-29
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