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Index Trend Analysis Report

Prepared for you on Monday, March 18, 2019.

SHARE BUYBACK ACHIEVERS INDEX (NASDAQ:DRB)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_DRB
Open High Low DRB Price Change
11306.05 11383.25 11302.46 11349.66 +61.99
Entry Signal

MarketClub’s Trade Triangles for DRB

long term up The long term trend has been UP since Feb 20th, 2019 at 11341.82

intermediate term down The intermediate term trend has been DOWN since Mar 8th, 2019 at 10930.93

short term up The short term trend has been UP since Mar 12th, 2019 at 11091.58

Smart Scan Analysis for DRB

Based on a pre-defined weighted trend formula for chart analysis, DRB scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for DRB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11306.05 11383.25 11302.46 11349.66 +61.99
Prev. Close Volume Bid Ask Time
11264.14 0 2019-03-18 13:22:25
52wk High11967.452wk High Date2018-01-29
52wk Low10359.3152wk Low Date2018-05-03
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