Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Dow Jones U.S. Residential REITs Index (INDEX:DJUSRN)
Sidelines Mode (-55) - DJUSRN 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 DJUSRN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSRN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSRN
The long-term trend has been DOWN since Feb 28th, 2020 at 238.86
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 253.05
The short-term trend has been UP since May 18th, 2020 at 188.94
Smart Scan Analysis for DJUSRN
Based on our trend formula, DJUSRN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||203.59||52wk High Date||2018-11-29|
|52wk Low||167.05||52wk Low Date||2018-02-12|