Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
NASDAQ US BUYBACK ACHIEVERS INDEX TR (NASDAQ:DRBTR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DRBTR
The long term trend has been UP since Feb 19th, 2019 at 13806.36
The intermediate term trend has been UP since Mar 19th, 2019 at 13992.12
The short term trend has been UP since Mar 28th, 2019 at 13718.79
Smart Scan Analysis for DRBTR
Based on a pre-defined weighted trend formula for chart analysis, DRBTR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||14385.28||52wk High Date||2018-01-29|
|52wk Low||12494.59||52wk Low Date||2018-04-02|