Index Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
Dow Jones U.S. Home Construction Total Stock Market Index (INDEX:DWCHOM)
Countertrend Up (+85) - DWCHOM 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 DWCHOM?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWCHOM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWCHOM
The long-term trend has been UP since Jul 16th, 2020 at 9360.68
The intermediate-term trend has been UP since Jul 15th, 2020 at 9072.87
The short-term trend has been DOWN since Aug 7th, 2020 at 10287.46
Smart Scan Analysis for DWCHOM
Based on our trend formula, DWCHOM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9330.08||52wk High Date||2018-01-24|
|52wk Low||5467.28||52wk Low Date||2018-10-23|