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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
iShares U.S. Home Construction ETF (BATS:ITB)
Sidelines Mode (-50) - ITB is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ITB can gain momentum.
Is it time to buy, sell, or avoid ITB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ITB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ITB
The long-term trend has been UP since Dec 1st, 2023 at 87.80
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 107.31
The short-term trend has been DOWN since May 8th, 2024 at 107.31
Smart Scan Analysis for ITB
Based on our trend formula, ITB is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 106.9800 | 107.5505 | 106.4800 | 106.6400 | -1.3000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 107.9400 | 904782 | 2024-05-08 15:59:43 |
| Year High | 46.56 | Year High Date | 2018-01-24 |
| Year Low | 29.465 | Year Low Date | 2018-10-29 |
| 52wk High | 116.34 | 52wk High Date | 2024-03-28 |
| 52wk Low | 71.218 | 52wk Low Date | 2023-10-25 |
| Average Volume | 1,930,331 | Shares Outstanding | 49,800 |
| Volatility | 29.9 |