Index Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
NASDAQ US BUYBACK ACHIEVERS SELECT INDEX (NASDAQ:DRBS)
Long-Term Downtrend (-90) - DRBS is in a strong downtrend that is likely to continue. While DRBS 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 DRBS?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRBS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRBS
The long-term trend has been DOWN since Jan 24th, 2022 at 1923.93
The intermediate-term trend has been DOWN since Apr 7th, 2022 at 1922.05
The short-term trend has been DOWN since May 19th, 2022 at 1786.07
Smart Scan Analysis for DRBS
Based on our trend formula, DRBS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1440.33||52wk High Date||2018-01-24|
|52wk Low||1231.15||52wk Low Date||2018-10-26|