Index Trend Analysis Report
Prepared for you on Friday, September 25, 2020.
Global X Autonomous & Electric Vehicles ETF (GIF:DRIV)
Weak Downtrend (-65) - DRIV is showing signs of a strengthening downtrend. Monitor DRIV as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DRIV?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRIV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRIV
The long-term trend has been UP since Jun 4th, 2020 at 14.3510
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 16.5100
The short-term trend has been DOWN since Sep 21st, 2020 at 16.8894
Smart Scan Analysis for DRIV
Based on our trend formula, DRIV is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).