Index Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Vanguard Mega Cap Value ETF (GIF:MGV)
Long-Term Uptrend (+90) - MGV is in a strong uptrend that is likely to continue. While MGV 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 MGV?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGV
The long-term trend has been UP since Sep 3rd, 2020 at 80.630
The intermediate-term trend has been UP since Nov 9th, 2020 at 79.651
The short-term trend has been UP since Nov 3rd, 2020 at 76.470
Smart Scan Analysis for MGV
Based on our trend formula, MGV is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).