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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
SHARE BUYBACK ACHIEVERS INDEX (NASDAQ:DRB)
Sidelines Mode (+55) - DRB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DRB?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DRB
The long-term trend has been UP since Dec 4th, 2023 at 17785.76
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 19764.72
The short-term trend has been UP since Apr 4th, 2024 at 20517.60
Smart Scan Analysis for DRB
Based on our trend formula, DRB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19385.37 | 19432.32 | 19212.92 | 19270.89 | -50.29 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19270.89 | 0 | 2024-04-18 17:15:22 |
| 52wk High | 11967.4 | 52wk High Date | 2018-01-29 |
| 52wk Low | 10359.31 | 52wk Low Date | 2018-05-03 |