Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Dow Jones U.S. Select Home Construction Total Return Index (INDEX:DJSHMBT)

Sidelines Mode (+55) - DJSHMBT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DJSHMBT?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJSHMBT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJSHMBT
Open High Low DJSHMBT Price Change
24897.75 25526.05 24719.89 25475.83 +665.35
Entry Signal

MarketClub’s Trade Triangles for DJSHMBT

long term up The long-term trend has been UP since Dec 1st, 2023 at 20964.99

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 25757.03

short term up The short-term trend has been UP since Apr 23rd, 2024 at 25359.06

Smart Scan Analysis for DJSHMBT

Based on our trend formula, DJSHMBT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DJSHMBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24897.75 25526.05 24719.89 25475.83 +665.35
Prev. Close Volume Bid Ask Time
24810.48 0 2024-04-23 16:19:33
52wk High10494.0752wk High Date2018-01-24
52wk Low6687.1952wk Low Date2018-10-29
Get a free daily analysis and signals for Dow Jones U.S. Select Home Construction Total Return Index (DJSHMBT) - Request Your Free Report.