Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Dow Jones U.S. Broadline Retailers Index (INDEX:DJUSRB)
Sidelines Mode (+55) - DJUSRB 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 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 UP since Nov 5th, 2021 at 3631.37
The intermediate-term trend has been UP since Oct 18th, 2021 at 3498.03
The short-term trend has been DOWN since Nov 23rd, 2021 at 3639.66
Smart Scan Analysis for DJUSRB
Based on our trend formula, DJUSRB is rated as a +55 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|