Index Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
Dow Jones U.S. Home Construction Index (INDEX:DJUSHB)
Countertrend Up (+85) - DJUSHB 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 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 UP since Jan 25th, 2021 at 1313.66
The intermediate-term trend has been UP since Mar 10th, 2021 at 1358.82
The short-term trend has been DOWN since Apr 9th, 2021 at 1471.51
Smart Scan Analysis for DJUSHB
Based on our trend formula, DJUSHB is rated as a +85 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|