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Index Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

Dow Jones U.S. Pharmaceuticals & Biotechnology Index (INDEX:DJUSPN)

Crossroads (-60) - DJUSPN 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 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.

INDEX_DJUSPN
Open High Low DJUSPN Price Change
1219.74 1224.92 1215.00 1222.44 -0.72
Entry Signal

MarketClub’s Trade Triangles for DJUSPN

long term up The long-term trend has been UP since Dec 28th, 2023 at 1084.40

intermediate term down The intermediate-term trend has been DOWN since Sep 11th, 2024 at 1235.65

short term down The short-term trend has been DOWN since Oct 21st, 2024 at 1232.15

Smart Scan Analysis for DJUSPN

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

-60
Smart Scan Analysis for DJUSPN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1219.74 1224.92 1215.00 1222.44 -0.72
Prev. Close Volume Bid Ask Time
1223.16 138494336 2024-10-22 17:09:26
52wk High825.1452wk High Date2018-10-03
52wk Low679.0752wk Low Date2018-05-03
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