Index Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Invesco Solar ETF (GIF:TAN)
Weak Downtrend (-65) - TAN is showing signs of a strengthening downtrend. Monitor TAN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid TAN?
MarketClub looks at technical strength and momentum to determine if the timing is right for TAN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TAN
The long-term trend has been UP since Jul 1st, 2020 at 36.298
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 107.741
The short-term trend has been DOWN since Mar 3rd, 2021 at 97.197
Smart Scan Analysis for TAN
Based on our trend formula, TAN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).