Index Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
NYSE Arca Gold BUGS Index (GIF:HUI)
Bull Market Weakness (+75) - HUI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HUI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HUI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HUI
The long-term trend has been DOWN since Sep 1st, 2020 at 249.96
The intermediate-term trend has been UP since Mar 15th, 2021 at 276.13
The short-term trend has been UP since Apr 15th, 2021 at 283.30
Smart Scan Analysis for HUI
Based on our trend formula, HUI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).