Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
Dow Jones U.S. Home Construction Index (INDEX:DJUSHB)
Sidelines Mode (+55) - DJUSHB 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 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 Nov 16th, 2021 at 1590.72
The intermediate-term trend has been DOWN since Jan 7th, 2022 at 1568.15
The short-term trend has been UP since Jan 26th, 2022 at 1499.55
Smart Scan Analysis for DJUSHB
Based on our trend formula, DJUSHB is rated as a +55 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|