Dow Jones U.S. Home (ITB) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for ITB · data as of Jun 30, 2026. The chart above is live; the read below updates daily.

$104.48last close · Jun 30, 2026

ITB rising wedge pattern

ITB is currently forming a Rising Wedge on the daily timeframe. Detected Jun 30, 2026.

A Rising Wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $96.02 (−12.5%). Across 14,154 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.13R.

DirectionBearishTarget$96.02Projected move−12.5%Breakout level$108.04

ITB's most recent rising wedge trade

ITB's most recent completed Rising Wedge resolved as a win: it broke down on Feb 25, 2026 near $106.43, then reached its target at $96.02 on Mar 9, 2026 — a +1.18R move (9.8%) over 8 sessions. Across 80 backtested rising wedges, this setup wins 57.5% of the time.

OutcomeWinResult+1.18REntry$106.43Exit$96.02

How rising wedges have performed

Win rate
49.3%
Avg return
+0.13R
Backtested trades
14,154

Historical pattern statistics (1986-12-18 – 2026-06-11), not a prediction.

ITB support and resistance levels

Price found a floor near $91.78 about 3 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $108.78 — still about 4% away.

  • Traders commonly watch $108.78 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $91.78 floor about 3 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $86.27, resistance near $109.36. These are chart/swing-derived levels, not formula pivots.

Resistance
$109.36$110.11$146.25$165.05$166.06$192.55$195.48
Support
$86.27$86.17$48.73$46.72

ITB recent daily prices

DateOpenHighLowClose
Jun 30, 2026$104.58$104.96$103.52$104.48
Jun 29, 2026$104.44$104.44$102.58$103.97
Jun 26, 2026$104.69$105.34$104.07$104.90
Jun 25, 2026$103.74$106.38$103.25$104.25
Jun 24, 2026$98.78$104.50$98.56$103.32
Jun 23, 2026$96.98$98.33$96.64$97.33
Jun 22, 2026$98.58$99.27$97.27$97.34
Jun 18, 2026$97.34$100.30$97.14$99.25
Jun 17, 2026$98.39$100.37$95.56$95.79
Jun 16, 2026$97.30$99.17$97.30$98.26

ITB frequently asked questions

What chart pattern is ITB forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Rising Wedge on Dow Jones U.S. Home (ITB) on the daily chart, with a measured-move target of $96.02.
Is a Rising Wedge bullish or bearish?
The Rising Wedge detected on ITB is a bearish pattern, projecting a measured-move target of $96.02. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Rising Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Rising Wedge family (14,154 trades over 516 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.13R. These are historical statistics, not a prediction.
What are the support and resistance levels for ITB?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), ITB's nearest support is around $86.27 and nearest resistance around $109.36.
What is the price target if ITB's pattern breaks out?
The detected Rising Wedge has a geometry-based measured-move target of $96.02 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ITB's closing price on Jun 30, 2026?
Dow Jones U.S. Home (ITB) last closed at $104.48 on Jun 30, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.

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