Index Trend Analysis Report
Prepared for you on Tuesday, June 15, 2021.
Dow Jones U.S. Mortgage REITs Index (INDEX:DJUSMR)
Sidelines Mode (+55) - DJUSMR 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 DJUSMR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSMR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSMR
The long-term trend has been UP since Nov 10th, 2020 at 36.34
The intermediate-term trend has been UP since May 25th, 2021 at 46.32
The short-term trend has been DOWN since Jun 11th, 2021 at 47.16
Smart Scan Analysis for DJUSMR
Based on our trend formula, DJUSMR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||63.22||52wk High Date||2017-12-18|
|52wk Low||53.28||52wk Low Date||2018-02-05|