Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
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 Feb 25th, 2020 at 1366.37
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1392.65
The short-term trend has been DOWN since Apr 1st, 2020 at 859.94
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|