Index Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
NASDAQ International BuyBack Achievers Net Total R (NASDAQ:DRBXUSN)
Countertrend Up (+85) - DRBXUSN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DRBXUSN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRBXUSN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRBXUSN
The long-term trend has been UP since Jun 8th, 2020 at 1477.34
The intermediate-term trend has been UP since Nov 8th, 2020 at 1651.36
The short-term trend has been DOWN since Apr 13th, 2021 at 2169.86
Smart Scan Analysis for DRBXUSN
Based on our trend formula, DRBXUSN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).