Index Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
Invesco Russell 1000 Low Beta Equal Weight ETF (NASDAQ:USLB)
Long-Term Downtrend (-90) - USLB is in a strong downtrend that is likely to continue. While USLB 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 USLB?
MarketClub looks at technical strength and momentum to determine if the timing is right for USLB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USLB
The long-term trend has been DOWN since Feb 24th, 2022 at 39.05
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 40.31
The short-term trend has been DOWN since May 19th, 2022 at 37.27
Smart Scan Analysis for USLB
Based on our trend formula, USLB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||33.9141||Year High Date||2018-10-01|
|Year Low||29.19||Year Low Date||2018-02-09|
|52wk High||43.2628||52wk High Date||2022-01-04|
|52wk Low||36.8239||52wk Low Date||2022-05-12|
|Average Volume||238||Shares Outstanding||5,450|