Index Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
iShares Edge MSCI USA Momentum Factor ETF (GIF:MTUM)
Bull Market Weakness (+75) - MTUM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MTUM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MTUM?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTUM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MTUM
The long-term trend has been UP since Feb 16th, 2021 at 178.136
The intermediate-term trend has been UP since Feb 16th, 2021 at 178.136
The short-term trend has been UP since Mar 2nd, 2021 at 168.200
Smart Scan Analysis for MTUM
Based on our trend formula, MTUM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).