Index Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Defiance Quantum ETF (GIF:QTUM)
Countertrend Up (+85) - QTUM 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 QTUM?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTUM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTUM
The long-term trend has been UP since Jun 1st, 2020 at 28.90
The intermediate-term trend has been UP since Nov 5th, 2020 at 35.67
The short-term trend has been DOWN since Feb 22nd, 2021 at 48.17
Smart Scan Analysis for QTUM
Based on our trend formula, QTUM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).