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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.

NASDAQ_DRBS
Open High Low DRBS Price Change
1799.09 1802.44 1730.84 1770.17 -17.11
Entry Signal

MarketClub’s Trade Triangles for DRBS

long term down The long-term trend has been DOWN since Jan 24th, 2022 at 1923.93

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2022 at 1922.05

short term down 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).

-90
Smart Scan Analysis for DRBS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1799.09 1802.44 1730.84 1770.17 -17.11
Prev. Close Volume Bid Ask Time
1787.28 0 2022-05-20 17:15:26
52wk High1440.3352wk High Date2018-01-24
52wk Low1231.1552wk Low Date2018-10-26
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