Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Direxion Daily Robotics & Artificial Intelligence Bull 3X Shares (GIF:UBOT)
Long-Term Downtrend (-90) - UBOT is in a strong downtrend that is likely to continue. While UBOT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid UBOT?
MarketClub looks at technical strength and momentum to determine if the timing is right for UBOT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UBOT
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for UBOT
Based on our trend formula, UBOT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).