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Stock Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

IQ CBRE NextGen Real Estate ETF (PACF:ROOF)

Crossroads (-60) - ROOF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ROOF?

MarketClub looks at technical strength and momentum to determine if the timing is right for ROOF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_ROOF
Open High Low ROOF Price Change
19.0800 19.1000 19.1000 19.0901 +0.0350
Entry Signal

MarketClub’s Trade Triangles for ROOF

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 18.7040

intermediate term up The intermediate-term trend has been UP since Jun 12th, 2024 at 19.2133

short term up The short-term trend has been UP since Jun 12th, 2024 at 19.2133

Smart Scan Analysis for ROOF

Based on our trend formula, ROOF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ROOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.0800 19.1000 19.1000 19.0901 +0.0350
Prev. Close Volume Bid Ask Time
19.1045 2315 2024-06-18 10:31:59
Year High27.3907Year High Date2018-08-30
Year Low22.6Year Low Date2018-03-01
52wk High20.7152wk High Date2023-12-14
52wk Low16.5552wk Low Date2023-10-25
Year End Close22.4834Average Volume8,524
Shares Outstanding1,200Assets292M
Volatility13.45
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