Index Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Dow Jones U.S. Home Construction Index (INDEX:DJUSHB)
Crossroads (+60) - DJUSHB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJUSHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSHB
The long-term trend has been DOWN since Jul 19th, 2021 at 1393.91
The intermediate-term trend has been UP since Oct 19th, 2021 at 1452.71
The short-term trend has been UP since Oct 13th, 2021 at 1388.02
Smart Scan Analysis for DJUSHB
Based on our trend formula, DJUSHB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1024.39||52wk High Date||2017-12-06|
|52wk Low||592.89||52wk Low Date||2018-10-23|