Index Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
iShares U.S. Oil Equipment & Services ETF (GIF:IEZ)
Crossroads (+60) - IEZ 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 IEZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for IEZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IEZ
The long-term trend has been DOWN since Feb 21st, 2020 at 16.5620
The intermediate-term trend has been UP since Apr 7th, 2020 at 6.9728
The short-term trend has been UP since May 18th, 2020 at 7.8047
Smart Scan Analysis for IEZ
Based on our trend formula, IEZ is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).