Stock Trend Analysis Report
Prepared for you on Sunday, September 26, 2021.
Horizons Big Data & Hardware Index ETF (TSE:HBGD)
Sidelines Mode (+55) - HBGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HBGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HBGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HBGD
The long-term trend has been UP since Apr 29th, 2020 at 23.67
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 25.61
The short-term trend has been UP since Sep 23rd, 2021 at 25.32
Smart Scan Analysis for HBGD
Based on our trend formula, HBGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).