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Index Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

NASDAQ GLOBAL BUYBACK ACHIEVERS INDEX (NASDAQ:DRBG)

Long-Term Downtrend (-90) - DRBG is in a strong downtrend that is likely to continue. While DRBG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_DRBG
Open High Low DRBG Price Change
1072.55 1073.16 1045.09 1053.96 -17.32
Entry Signal

MarketClub’s Trade Triangles for DRBG

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 1436.43

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 1521.80

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 1088.40

Smart Scan Analysis for DRBG

Based on our trend formula, DRBG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DRBG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1072.55 1073.16 1045.09 1053.96 -17.32
Prev. Close Volume Bid Ask Time
1120.00 0 2020-04-03 17:15:08
52wk High1511.5952wk High Date2018-01-29
52wk Low1256.3452wk Low Date2018-10-26
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