Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Dow Jones U.S. Brewers Index (INDEX:DJUSDB)
Sidelines Mode (-55) - DJUSDB 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 DJUSDB?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSDB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSDB
The long-term trend has been UP since Jul 23rd, 2020 at 576.95
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 784.64
The short-term trend has been UP since Feb 25th, 2021 at 825.19
Smart Scan Analysis for DJUSDB
Based on our trend formula, DJUSDB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||914.39||52wk High Date||2018-01-11|
|52wk Low||591.38||52wk Low Date||2018-10-26|