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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.

INDEX_DWCHOM
Open High Low DWCHOM Price Change
10370.08 10448.17 10260.75 10426.06 +5.42
Entry Signal

MarketClub’s Trade Triangles for DWCHOM

long term up The long-term trend has been UP since Jul 16th, 2020 at 9360.68

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2020 at 9072.87

short term down 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).

+85
Smart Scan Analysis for DWCHOM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10370.08 10448.17 10260.75 10426.06 +5.42
Prev. Close Volume Bid Ask Time
8021.17 0 2020-08-07 16:19:43
52wk High9330.0852wk High Date2018-01-24
52wk Low5467.2852wk Low Date2018-10-23
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