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Index Trend Analysis Report

Prepared for you on Monday, December 30, 2024.

Dow Jones Global Basic Materials Index (INDEX:W1BSC)

Strong Downtrend (-100) - W1BSC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, W1BSC continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid W1BSC?

MarketClub looks at technical strength and momentum to determine if the timing is right for W1BSC.

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

INDEX_W1BSC
Open High Low W1BSC Price Change
329.68 329.83 326.18 326.43 -3.17
Entry Signal

MarketClub’s Trade Triangles for W1BSC

long term down The long-term trend has been DOWN since Dec 13th, 2024 at 346.25

intermediate term down The intermediate-term trend has been DOWN since Dec 13th, 2024 at 346.63

short term down The short-term trend has been DOWN since Dec 30th, 2024 at 328.98

Smart Scan Analysis for W1BSC

Based on our trend formula, W1BSC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for W1BSC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
329.68 329.83 326.18 326.43 -3.17
Prev. Close Volume Bid Ask Time
329.60 0 2024-12-30 10:56:55
52wk High351.3852wk High Date2018-01-25
52wk Low269.1952wk Low Date2018-11-28
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