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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

NASDAQ US BUYBACK ACHIEVERS SELECT INDEX (NASDAQ:DRBS)

Weak Downtrend (-65) - DRBS is showing signs of a strengthening downtrend. Monitor DRBS as it may be building momentum to the downside.

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
2193.69 2194.02 2179.21 2179.87 -24.41
Entry Signal

MarketClub’s Trade Triangles for DRBS

long term up The long-term trend has been UP since Dec 1st, 2023 at 2014.58

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 2225.38

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 2300.67

Smart Scan Analysis for DRBS

Based on our trend formula, DRBS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DRBS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2193.69 2194.02 2179.21 2179.87 -24.41
Prev. Close Volume Bid Ask Time
2204.28 0 2024-04-16 09:57:47
52wk High1440.3352wk High Date2018-01-24
52wk Low1231.1552wk Low Date2018-10-26
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