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Index Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

Dow Jones Americas Basic Materials Index (INDEX:A1BSC)

Long-Term Uptrend (+90) - A1BSC is in a strong uptrend that is likely to continue. While A1BSC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
504.63 504.67 504.39 504.41 -0.24
Entry Signal

MarketClub’s Trade Triangles for A1BSC

long term up The long-term trend has been UP since Dec 14th, 2023 at 463.60

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 489.74

short term up The short-term trend has been UP since May 6th, 2024 at 482.44

Smart Scan Analysis for A1BSC

Based on our trend formula, A1BSC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for A1BSC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
504.63 504.67 504.39 504.41 -0.24
Prev. Close Volume Bid Ask Time
504.65 0 2024-05-22 07:41:25
52wk High370.5952wk High Date2018-01-25
52wk Low294.0852wk Low Date2018-10-29
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