Index Trend Analysis Report
Prepared for you on Tuesday, October 20, 2020.
Vanguard High Dividend Yield Index Fund (GIF:VYM)
Sidelines Mode (-55) - VYM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid VYM?
MarketClub looks at technical strength and momentum to determine if the timing is right for VYM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VYM
The long-term trend has been DOWN since Feb 25th, 2020 at 89.600
The intermediate-term trend has been UP since Sep 2nd, 2020 at 85.071
The short-term trend has been DOWN since Oct 14th, 2020 at 83.744
Smart Scan Analysis for VYM
Based on our trend formula, VYM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).