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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

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.

INDEX_DJUSRB
Open High Low DJUSRB Price Change
3708.36 3712.65 3656.65 3668.67 -36.67
Entry Signal

MarketClub’s Trade Triangles for DJUSRB

long term up The long-term trend has been UP since Nov 14th, 2023 at 3048.09

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 3699.63

short term up The short-term trend has been UP since Apr 24th, 2024 at 3711.27

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).

-55
Smart Scan Analysis for DJUSRB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3708.36 3712.65 3656.65 3668.67 -36.67
Prev. Close Volume Bid Ask Time
3705.34 73384767 2024-04-24 16:19:57
52wk High2097.6352wk High Date2018-09-04
52wk Low1309.3752wk Low Date2017-12-05
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