Index Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
ALPS Medical Breakthroughs ETF (GIF:SBIO)
Long-Term Uptrend (+90) - SBIO is in a strong uptrend that is likely to continue. While SBIO 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 SBIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for SBIO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SBIO
The long-term trend has been UP since Oct 7th, 2020 at 44.206
The intermediate-term trend has been UP since Nov 4th, 2020 at 45.465
The short-term trend has been UP since Nov 18th, 2020 at 47.350
Smart Scan Analysis for SBIO
Based on our trend formula, SBIO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).