Index Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
Global X Cybersecurity ETF (NASDAQ:BUG)
Sidelines Mode (-55) - BUG 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 BUG?
MarketClub looks at technical strength and momentum to determine if the timing is right for BUG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BUG
The long-term trend has been DOWN since May 6th, 2022 at 26.553
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 24.984
The short-term trend has been UP since Jul 5th, 2022 at 25.660
Smart Scan Analysis for BUG
Based on our trend formula, BUG is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||35.1||52wk High Date||2021-11-09|
|52wk Low||23.51||52wk Low Date||2022-06-16|
|Average Volume||256,267||Shares Outstanding||43,290|