Index Trend Analysis Report
Prepared for you on Sunday, September 26, 2021.
Dow Jones U.S. Mortgage Finance Index (INDEX:DJUSMF)
Countertrend Down (-85) - DJUSMF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid DJUSMF?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSMF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSMF
The long-term trend has been DOWN since Jul 6th, 2021 at 8.32
The intermediate-term trend has been DOWN since Sep 7th, 2021 at 8.79
The short-term trend has been UP since Sep 23rd, 2021 at 8.54
Smart Scan Analysis for DJUSMF
Based on our trend formula, DJUSMF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.98||52wk High Date||2018-01-23|
|52wk Low||6.61||52wk Low Date||2018-04-30|