Stock Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
Strategy Shares Gold-Hedged Bond ETF (BATS:GLDB)
Long-Term Downtrend (-90) - GLDB is in a strong downtrend that is likely to continue. While GLDB 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 GLDB?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLDB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GLDB
The long-term trend has been DOWN since Apr 19th, 2022 at 22.851
The intermediate-term trend has been DOWN since Aug 31st, 2022 at 19.800
The short-term trend has been DOWN since Aug 5th, 2022 at 19.930
Smart Scan Analysis for GLDB
Based on our trend formula, GLDB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||25.76||52wk High Date||2022-03-08|
|52wk Low||16.6735||52wk Low Date||2022-09-27|