Index Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
SPDR S&P Homebuilders ETF (GIF:XHB)
Countertrend Up (+85) - XHB 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 XHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for XHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XHB
The long-term trend has been UP since Jun 5th, 2020 at 45.980
The intermediate-term trend has been UP since Jan 8th, 2021 at 59.836
The short-term trend has been UP since Mar 1st, 2021 at 63.831
Smart Scan Analysis for XHB
Based on our trend formula, XHB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).