Index Trend Analysis Report
Prepared for you on Monday, May 13, 2024.
Dow Jones Global Basic Materials Index (INDEX:W1BSC)
Long-Term Uptrend (+90) - W1BSC is in a strong uptrend that is likely to continue. While W1BSC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
|
MarketClub’s Trade Triangles for W1BSC
The long-term trend has been UP since Dec 14th, 2023 at 358.85
The intermediate-term trend has been UP since May 7th, 2024 at 376.15
The short-term trend has been UP since May 6th, 2024 at 373.91
Smart Scan Analysis for W1BSC
Based on our trend formula, W1BSC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
377.91 | 379.69 | 377.67 | 378.36 | +0.26 |
Prev. Close | Volume | Bid | Ask | Time |
378.10 | 0 | 2024-05-13 16:02:30 |
52wk High | 351.38 | 52wk High Date | 2018-01-25 |
52wk Low | 269.19 | 52wk Low Date | 2018-11-28 |