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Index Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

Dow Jones U.S. Biotechnology Total Stock Market Index (INDEX:DWCBTC)

Countertrend Down (-85) - DWCBTC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

INDEX_DWCBTC
Open High Low DWCBTC Price Change
18387.55 18792.35 18387.55 18741.74 +534.68
Entry Signal

MarketClub’s Trade Triangles for DWCBTC

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 19332.01

intermediate term down The intermediate-term trend has been DOWN since Dec 1st, 2021 at 18541.11

short term up The short-term trend has been UP since Dec 7th, 2021 at 18770.26

Smart Scan Analysis for DWCBTC

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

-85
Smart Scan Analysis for DWCBTC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18387.55 18792.35 18387.55 18741.74 +534.68
Prev. Close Volume Bid Ask Time
18741.74 0 2021-12-07 16:19:53
52wk High15195.8952wk High Date2018-01-29
52wk Low12277.6452wk Low Date2018-10-29
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