Index Trend Analysis Report
Prepared for you on Tuesday, November 29, 2022.
Dow Jones BRIC India 15 Index (USD) (INDEX:B50IND)
Long-Term Uptrend (+90) - B50IND is in a strong uptrend that is likely to continue. While B50IND 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 B50IND?
MarketClub looks at technical strength and momentum to determine if the timing is right for B50IND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for B50IND
The long-term trend has been UP since Aug 17th, 2022 at 979.48
The intermediate-term trend has been UP since Oct 18th, 2022 at 916.14
The short-term trend has been UP since Nov 24th, 2022 at 962.46
Smart Scan Analysis for B50IND
Based on our trend formula, B50IND is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||723.88||52wk High Date||2018-01-29|
|52wk Low||583.55||52wk Low Date||2018-10-26|