Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
O Shares Global Internet Giants ETF (GIF:OGIG)
Countertrend Up (+85) - OGIG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid OGIG?
MarketClub looks at technical strength and momentum to determine if the timing is right for OGIG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OGIG
The long-term trend has been UP since May 6th, 2020 at 30.537
The intermediate-term trend has been UP since Apr 7th, 2020 at 25.360
The short-term trend has been DOWN since Aug 7th, 2020 at 41.124
Smart Scan Analysis for OGIG
Based on our trend formula, OGIG is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).