Stock Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
iShares U.S. Home Construction ETF (BATS:ITB)
Weak Downtrend (-65) - ITB is showing signs of a strengthening downtrend. Monitor ITB as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for ITB
The long-term trend has been UP since Dec 1st, 2022 at 61.11
The intermediate-term trend has been DOWN since Aug 17th, 2023 at 86.17
The short-term trend has been DOWN since Sep 21st, 2023 at 80.88
Smart Scan Analysis for ITB
Based on our trend formula, ITB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||46.56||Year High Date||2018-01-24|
|Year Low||29.465||Year Low Date||2018-10-29|
|52wk High||89.69||52wk High Date||2023-07-27|
|52wk Low||50.28||52wk Low Date||2022-10-21|
|Average Volume||3,557,004||Shares Outstanding||49,800|