Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
Dow Jones Equity All REIT Total Return Index (INDEX:REIT)
Bull Market Weakness (+75) - REIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on REIT as it may be in the beginning stages of a reversal.
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 DOWN since Feb 28th, 2020 at 2106.71
The intermediate-term trend has been UP since Jul 29th, 2020 at 1993.73
The short-term trend has been UP since Aug 5th, 2020 at 1997.56
Smart Scan Analysis for REIT
Based on our trend formula, REIT is rated as a +70 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|