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Index Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

Dow Jones U.S. Banks Total Stock Market Index (INDEX:DWCBNK)

Countertrend Up (+85) - DWCBNK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid DWCBNK?

MarketClub looks at technical strength and momentum to determine if the timing is right for DWCBNK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DWCBNK
Open High Low DWCBNK Price Change
6324.50 6377.87 6324.50 6377.23 +78.15
Entry Signal

MarketClub’s Trade Triangles for DWCBNK

long term up The long-term trend has been UP since Dec 1st, 2023 at 5180.41

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 6289.81

short term down The short-term trend has been DOWN since May 20th, 2024 at 6441.77

Smart Scan Analysis for DWCBNK

Based on our trend formula, DWCBNK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for DWCBNK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6324.50 6377.87 6324.50 6377.23 +78.15
Prev. Close Volume Bid Ask Time
6377.23 0 2024-05-24 16:20:04
52wk High6125.352wk High Date2018-01-29
52wk Low4983.1352wk Low Date2018-10-24
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