Index Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shar (GIF:GUSH)
Long-Term Uptrend (+90) - GUSH is in a strong uptrend that is likely to continue. While GUSH is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid GUSH?
MarketClub looks at technical strength and momentum to determine if the timing is right for GUSH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GUSH
The long-term trend has been UP since Apr 29th, 2020 at 40.0336
The intermediate-term trend has been UP since Mar 24th, 2020 at 9.4929
The short-term trend has been UP since May 18th, 2020 at 37.3149
Smart Scan Analysis for GUSH
Based on our trend formula, GUSH is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).