Index Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Dow Jones Equity All REIT Total Return Index (INDEX:REIT)
Countertrend Up (+85) - REIT 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 REIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for REIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for REIT
The long-term trend has been UP since Nov 9th, 2020 at 2055.99
The intermediate-term trend has been UP since Mar 12th, 2021 at 2244.53
The short-term trend has been UP since May 10th, 2021 at 2439.99
Smart Scan Analysis for REIT
Based on our trend formula, REIT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1881.75||52wk High Date||2018-08-20|
|52wk Low||1567.2||52wk Low Date||2018-02-09|