Stock Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
EVOLVE FANGMA INDEX ETF (TSE:TECH)
Sidelines Mode (-55) - TECH 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 TECH?
MarketClub looks at technical strength and momentum to determine if the timing is right for TECH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TECH
The long-term trend has been UP since Jan 27th, 2023 at 7.91
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 10.71
The short-term trend has been UP since Sep 29th, 2023 at 10.48
Smart Scan Analysis for TECH
Based on our trend formula, TECH is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).