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Updated 11/20/2009  
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US-BUILD-MAT
DJ BUILDING MATERIALS INDEX
Weekly Commentary

Our system posted HOLD . The previous BUY recommendation that was confirmed was made on 11.13.2009 (7) days ago, when the index value was 229.4 . Since then US-BUILD-MAT has gained 2.04% .

Our advice is simple and clear. Hold the index and wait for a new signal.

Do not bother yourself with further buying and selling as long as the HOLD tag stays.

Data provided by:  End of Day Data

 
HOLD
234.09
-1.3000 -0.55%
Candlestick Analysis
This Week's Patterns: High Wave
Candlestick Pattern


This week a High Wave was formed. This implies a loss of sense of direction and that there is a great amount of indecision in the market.
For more about this candlestick click here.


 
 
Index Value
Week's Close 234.09
Previous Weekly Close 235.39
Previous Weekly Open 229.40
Change -1.3000
% Change -0.55%
Volume 27,689,100
 
Index Activity
Week's Open 235.45
Week's High 242.97
Week's Low 232.01
20-Week Close M.A. 229.88
50-Week Close M.A. 207.09
20-Week Volume M.A. 34,792,910
 

Two-Year Signal History
Week of          Price   Signal $100
Became
11.13.09 229.40    Buy 245
10.02.09 236.62    Sell 245
07.24.09 200.13    Buy 207
06.19.09 206.94    Sell 207
05.29.09 193.46    Buy 193
05.15.09 217.84    Sell 193
03.20.09 147.06    Buy 131
12.26.08 223.72    Sell 131
12.05.08 215.83    Buy 126
10.03.08 322.40    Sell 126
09.19.08 322.06    Buy 126
09.05.08 320.99    Sell 126
08.01.08 292.75    Buy 115
06.06.08 336.04    Sell 115
05.16.08 322.06    Buy 110
04.25.08 329.85    Sell 110
03.20.08 297.82    Buy 99
03.07.08 308.18    Sell 99
02.01.08 317.32    Buy 102
12.28.07 341.63    Sell 102
12.07.07 340.60    Buy 102
10.19.07 354.28    Sell 102
09.21.07 347.41    Buy 100



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