Index Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Dow Jones U.S. Broadline Retailers Index (INDEX:DJUSRB)
Long-Term Downtrend (-90) - DJUSRB is in a strong downtrend that is likely to continue. While DJUSRB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJUSRB?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSRB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSRB
The long-term trend has been DOWN since Mar 3rd, 2021 at 3092.09
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 3289.53
The short-term trend has been DOWN since Feb 19th, 2021 at 3319.14
Smart Scan Analysis for DJUSRB
Based on our trend formula, DJUSRB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2097.63||52wk High Date||2018-09-04|
|52wk Low||1309.37||52wk Low Date||2017-12-05|