Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
Dow Jones U.S. Beverages Index (INDEX:DJUSBV)
Sidelines Mode (+55) - DJUSBV is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJUSBV?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSBV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSBV
The long-term trend has been DOWN since Mar 4th, 2021 at 795.90
The intermediate-term trend has been UP since Mar 8th, 2021 at 833.67
The short-term trend has been DOWN since Apr 9th, 2021 at 868.44
Smart Scan Analysis for DJUSBV
Based on our trend formula, DJUSBV is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||756.76||52wk High Date||2018-01-29|
|52wk Low||635.18||52wk Low Date||2018-05-15|