Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
Dow Jones U.S. Basic Materials Index (INDEX:DJUSBM)
Weak Downtrend (-65) - DJUSBM is showing signs of a strengthening downtrend. Monitor DJUSBM as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DJUSBM?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSBM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSBM
The long-term trend has been UP since Oct 26th, 2021 at 548.93
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 539.95
The short-term trend has been DOWN since Nov 24th, 2021 at 557.60
Smart Scan Analysis for DJUSBM
Based on our trend formula, DJUSBM is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||436.11||52wk High Date||2018-01-25|
|52wk Low||343.16||52wk Low Date||2018-10-26|