Dow Jones U.S. HomeITB
Auto-detected technical analysis for ITB · data as of Aug 28, 2026. The chart above is live; the read below updates daily.
ITB just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.
As long as price stays above $82.08, the setup is intact — if it trades back below there, the trade is over.
It's already reached the first target near $93.96 and is still going. From here, the calm way to follow the move is to stay with the 10-day average — and when a day finally closes below it, step aside at the next open.
ITB is currently forming a triangle on the daily timeframe. Detected Aug 28, 2026.
New to this pattern? What a triangle is and how to trade it →
ITB's most recent completed falling wedge (which broke against type) resolved as a win: it broke down on Sep 8, 2026 near $91.29, then reached its target at $84.06 on Oct 7, 2026 — a 7.9% move (+0.75R) over 21 sessions. Across 137,399 backtested falling wedges, this setup wins 42.3% of the time.
Every completed pattern trade our nightly backtest found on ITB's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling wedge | Sep 8, 2026 @ $91.29 | Oct 7, 2026 @ $84.06 | Win | +7.9% · +0.75R |
| Triangle | Aug 31, 2026 @ $94.90 | Sep 1, 2026 @ $92.59 | Win | +2.4% · +0.38R |
| Triangle | Aug 27, 2026 @ $95.77 | Sep 10, 2026 @ $89.42 | Win | +6.6% · +1.24R |
| Falling wedge | Aug 7, 2026 @ $100.84 | Aug 18, 2026 @ $98.07 | Loss | +5.1% · -1.01R |
| Falling wedge | Jun 9, 2026 @ $93.74 | Sep 9, 2026 @ $90.83 | Loss | +15.1% · -1.74R |
| Rising wedge | Mar 2, 2026 @ $105.35 | Mar 9, 2026 @ $95.58 | Win | +9.3% · +0.99R |
| Rising wedge | Feb 13, 2026 @ $114.63 | Feb 20, 2026 @ $110.26 | Loss | +8.9% · -1.17R |
| Triangle | Jan 7, 2026 @ $96.80 | Jan 7, 2026 @ $99.72 | Loss | +12.8% · -1.08R |
| Triangle | Jan 6, 2026 @ $96.89 | Jan 7, 2026 @ $99.72 | Loss | +12.2% · -1.08R |
| Triangle | Dec 31, 2025 @ $96.78 | Jan 9, 2026 @ $104.44 | Loss | +11.7% · -1.00R |
| Rising wedge | Dec 17, 2025 @ $99.46 | Jan 9, 2026 @ $104.44 | Loss | +7.3% · -1.00R |
| Falling wedge | Nov 25, 2025 @ $100.05 | Jan 23, 2026 @ $107.00 | Win | +6.4% · +1.25R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price is bouncing off a floor near $95.56 and starting to climb. On the weekly chart, the next ceiling overhead sits near $177.07 — about 84% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 28, 2026 | $95.86 | $97.25 | $95.38 | $96.41 |
| Aug 27, 2026 | $96.98 | $96.98 | $95.45 | $95.63 |
| Aug 26, 2026 | $97.96 | $98.58 | $97.22 | $97.31 |
| Aug 25, 2026 | $98.70 | $98.81 | $97.13 | $98.16 |
| Aug 24, 2026 | $97.96 | $99.11 | $97.35 | $97.81 |
| Aug 21, 2026 | $97.38 | $98.11 | $96.60 | $97.49 |
| Aug 20, 2026 | $96.76 | $97.92 | $96.16 | $96.74 |
| Aug 19, 2026 | $98.55 | $100.91 | $98.31 | $99.26 |
| Aug 18, 2026 | $98.07 | $98.47 | $96.23 | $96.28 |
| Aug 17, 2026 | $98.38 | $98.92 | $96.96 | $97.84 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.