Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG)
Sidelines Mode (-50) - VRIG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until VRIG can gain momentum.
Is it time to buy, sell, or avoid VRIG?
MarketClub looks at technical strength and momentum to determine if the timing is right for VRIG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VRIG
The long-term trend has been UP since Sep 16th, 2021 at 25.096
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 25.084
The short-term trend has been DOWN since Oct 7th, 2021 at 25.094
Smart Scan Analysis for VRIG
Based on our trend formula, VRIG is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||25.29||Year High Date||2018-01-17|
|Year Low||24.86||Year Low Date||2018-11-19|
|52wk High||25.13||52wk High Date||2021-10-05|
|52wk Low||24.83||52wk Low Date||2020-11-03|
|Average Volume||57,838||Shares Outstanding||2,000|