Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Global X China Consumer ETF (GIF:CHIQ)
Crossroads (+60) - CHIQ 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 CHIQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHIQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHIQ
The long-term trend has been DOWN since Mar 9th, 2020 at 17.407
The intermediate-term trend has been UP since Apr 14th, 2020 at 16.753
The short-term trend has been UP since May 29th, 2020 at 18.533
Smart Scan Analysis for CHIQ
Based on our trend formula, CHIQ is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).