Dow Jones U.S. Home(ITB)

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

Auto-detected technical analysis for ITB · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$95.44last close · Jul 22, 202652-week range $84.98 – $118.00 · 19.12% below the high

ITB Rising Wedge Pattern

ITB is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 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 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; ITB's own rising wedges have hit 64.7%.

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

New to this pattern? What a rising wedge is and how to trade it →

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 $107.50, then reached its target at $96.02 on Mar 9, 2026 — a 10.7% move (+1.48R) over 8 sessions. Across 72 backtested rising wedges, this setup wins 61.1% of the time.

OutcomeWinResult+10.7%R+1.48REntry$107.50Exit$96.02

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
ITB win rate
64.7%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

ITB Pattern Trade History

Every completed pattern trade our nightly backtest found on ITB's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeFeb 25, 2026 @ $107.50Mar 9, 2026 @ $96.02Win+12.5% · +1.48R
Rising WedgeSep 15, 2025 @ $113.79Oct 7, 2025 @ $104.29Win+9.9% · +2.26R
Rising WedgeAug 12, 2025 @ $104.99Sep 2, 2025 @ $110.18Win+9.3% · +0.65R
Falling WedgeJun 24, 2025 @ $92.86Jul 30, 2025 @ $98.17Win+11.2% · +0.94R
Falling WedgeMar 12, 2025 @ $95.79Apr 8, 2025 @ $84.19Win+11.9% · +1.84R
Falling WedgeMar 6, 2025 @ $98.80Mar 13, 2025 @ $93.86Loss+7.2% · -1.43R
Bullish PennantSep 17, 2024 @ $125.62Dec 12, 2024 @ $114.75Loss+14.3% · -1.00R
TriangleFeb 29, 2024 @ $106.90Apr 2, 2024 @ $110.71Win+7.3% · +0.59R
Rising WedgeApr 18, 2023 @ $71.56Apr 26, 2023 @ $72.44Win+5.7% · +0.20R
Bullish PennantMar 16, 2023 @ $68.49May 4, 2023 @ $74.50Win+13.2% · +1.87R
Rising WedgeNov 10, 2022 @ $57.51Dec 6, 2022 @ $59.37Win+10.2% · +0.35R
TriangleMar 24, 2022 @ $63.09May 12, 2022 @ $54.78Win+14.5% · +1.58R

Recent Rising Wedges on Other Charts

LINstopped −4.3%Jul 21, 2026EWstopped −7.5%Jul 20, 2026SPGIstopped −8.3%Jul 16, 2026BROhit target +6.9%Jul 15, 2026

Learn about rising wedge

ITB Support and Resistance Levels

Price was turned away at a ceiling near $105.69 about 3 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $48.02 — still about 50% away.

  • Traders commonly watch $48.02 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $105.69 ceiling about 3 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

ITB Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$95.63$96.63$94.54$95.44
Jul 21, 2026$95.49$95.55$94.22$94.93
Jul 20, 2026$97.99$97.99$95.07$95.41
Jul 17, 2026$99.77$101.78$97.10$97.33
Jul 16, 2026$97.59$100.33$97.59$100.19
Jul 15, 2026$97.16$98.63$97.12$97.94
Jul 14, 2026$97.99$98.62$96.09$97.13
Jul 13, 2026$97.61$98.70$95.98$96.30
Jul 10, 2026$97.39$99.07$97.38$97.76
Jul 9, 2026$96.33$97.65$95.84$96.89

ITB Frequently Asked Questions

What chart pattern is ITB forming right now?
As of Jul 22, 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 (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
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 Jul 22, 2026?
Dow Jones U.S. Home (ITB) last closed at $95.44 on Jul 22, 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.