Index Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Invesco DWA Energy Momentum ETF (GIF:PXI)
Crossroads (+60) - PXI 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 PXI?
MarketClub looks at technical strength and momentum to determine if the timing is right for PXI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PXI
The long-term trend has been DOWN since Jan 27th, 2020 at 24.4390
The intermediate-term trend has been UP since Apr 7th, 2020 at 12.4090
The short-term trend has been UP since May 18th, 2020 at 14.8058
Smart Scan Analysis for PXI
Based on our trend formula, PXI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).