Index Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
ProShares Long Online/Short Stores ETF (GIF:CLIX)
Countertrend Up (+85) - CLIX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CLIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLIX
The long-term trend has been UP since Jan 7th, 2020 at 50.177
The intermediate-term trend has been UP since Mar 30th, 2020 at 54.671
The short-term trend has been DOWN since May 21st, 2020 at 69.770
Smart Scan Analysis for CLIX
Based on our trend formula, CLIX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).