Index Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (GIF:SMHB)
Bear Market Rally (-75) - SMHB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SMHB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SMHB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMHB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SMHB
The long-term trend has been DOWN since Feb 25th, 2020 at 15.6680
The intermediate-term trend has been UP since Oct 6th, 2020 at 5.3302
The short-term trend has been DOWN since Oct 27th, 2020 at 5.3159
Smart Scan Analysis for SMHB
Based on our trend formula, SMHB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).