Index Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
Direxion Daily Junior Gold Miners Index Bear 3X Shares (GIF:JDST)
Weak Downtrend (-65) - JDST is showing signs of a strengthening downtrend. Monitor JDST as it may be building momentum to the downside.
Is it time to buy, sell, or avoid JDST?
MarketClub looks at technical strength and momentum to determine if the timing is right for JDST.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JDST
The long-term trend has been UP since Mar 1st, 2021 at 12.6096
The intermediate-term trend has been DOWN since Apr 8th, 2021 at 10.4148
The short-term trend has been DOWN since Apr 1st, 2021 at 11.8871
Smart Scan Analysis for JDST
Based on our trend formula, JDST is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).