Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Dow Jones U.S. Basic Materials Total Return Index (INDEX:DJUSBMT)

Crossroads (-60) - DJUSBMT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

INDEX_DJUSBMT
Open High Low DJUSBMT Price Change
1192.13 1203.30 1186.66 1192.70 +0.65
Entry Signal

MarketClub’s Trade Triangles for DJUSBMT

long term up The long-term trend has been UP since Dec 14th, 2023 at 1131.99

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1196.76

short term down The short-term trend has been DOWN since Apr 4th, 2024 at 1227.16

Smart Scan Analysis for DJUSBMT

Based on our trend formula, DJUSBMT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DJUSBMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1192.13 1203.30 1186.66 1192.70 +0.65
Prev. Close Volume Bid Ask Time
1192.70 0 2024-04-18 16:19:51
52wk High787.6952wk High Date2018-01-25
52wk Low628.852wk Low Date2018-10-26
Get a free daily analysis and signals for Dow Jones U.S. Basic Materials Total Return Index (DJUSBMT) - Request Your Free Report.