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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
NASDAQ GLOBAL BUYBACK ACHIEVERS INDEX (NASDAQ:DRBG)
Crossroads (-60) - DRBG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for DRBG
The long-term trend has been UP since Dec 1st, 2023 at 1877.09
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 2054.77
The short-term trend has been DOWN since Apr 10th, 2024 at 2095.78
Smart Scan Analysis for DRBG
Based on our trend formula, DRBG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2016.37 | 2030.54 | 2011.09 | 2028.95 | +9.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2019.57 | 0 | 2024-04-19 17:15:08 |
| 52wk High | 1511.59 | 52wk High Date | 2018-01-29 |
| 52wk Low | 1256.34 | 52wk Low Date | 2018-10-26 |