Index Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
NASDAQ International BuyBack Achievers Total Retur (NASDAQ:DRBXUST)
Countertrend Up (+85) - DRBXUST 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 DRBXUST?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRBXUST.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRBXUST
The long-term trend has been UP since Nov 20th, 2023 at 2175.65
The intermediate-term trend has been UP since Nov 14th, 2023 at 2112.70
The short-term trend has been DOWN since Dec 4th, 2023 at 2190.29
Smart Scan Analysis for DRBXUST
Based on our trend formula, DRBXUST is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).