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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Countertrend Down (-85) - DJUSBMT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
1112.07 1113.62 1105.29 1110.01 -2.06
Entry Signal

MarketClub’s Trade Triangles for DJUSBMT

long term down The long-term trend has been DOWN since Dec 13th, 2024 at 1163.94

intermediate term down The intermediate-term trend has been DOWN since Dec 10th, 2024 at 1186.61

short term up The short-term trend has been UP since Dec 26th, 2024 at 1112.41

Smart Scan Analysis for DJUSBMT

Based on our trend formula, DJUSBMT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DJUSBMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1112.07 1113.62 1105.29 1110.01 -2.06
Prev. Close Volume Bid Ask Time
1112.07 0 2024-12-26 17:18:56
52wk High787.6952wk High Date2018-01-25
52wk Low628.852wk Low Date2018-10-26
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