Index Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Dow Jones U.S. Pharmaceuticals & Biotechnology Index (INDEX:DJUSPN)
Weak Downtrend (-65) - DJUSPN is showing signs of a strengthening downtrend. Monitor DJUSPN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DJUSPN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSPN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSPN
The long-term trend has been DOWN since Feb 24th, 2023 at 1013.37
The intermediate-term trend has been DOWN since Dec 19th, 2022 at 1076.48
The short-term trend has been DOWN since Mar 23rd, 2023 at 992.07
Smart Scan Analysis for DJUSPN
Based on our trend formula, DJUSPN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||825.14||52wk High Date||2018-10-03|
|52wk Low||679.07||52wk Low Date||2018-05-03|