Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
IQ ARB Global Resources ETF (PACF:GRES)
Bull Market Weakness (+75) - GRES is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GRES as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GRES?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRES.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GRES
The long-term trend has been UP since Oct 11th, 2021 at 29.87
The intermediate-term trend has been UP since Oct 7th, 2021 at 29.42
The short-term trend has been DOWN since Oct 21st, 2021 at 30.61
Smart Scan Analysis for GRES
Based on our trend formula, GRES is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||29.3||Year High Date||2018-01-29|
|Year Low||25.943||Year Low Date||2018-11-28|
|52wk High||31.7||52wk High Date||2021-10-14|
|52wk Low||24.89||52wk Low Date||2020-10-28|
|Year End Close||30.42||Average Volume||13,030|