Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Global X SuperDividend ETF (GIF:SDIV)
Crossroads (+60) - SDIV 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 SDIV?
MarketClub looks at technical strength and momentum to determine if the timing is right for SDIV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SDIV
The long-term trend has been DOWN since Feb 24th, 2020 at 16.935
The intermediate-term trend has been UP since May 26th, 2020 at 10.390
The short-term trend has been UP since May 18th, 2020 at 9.900
Smart Scan Analysis for SDIV
Based on our trend formula, SDIV is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).