Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Utilities Select Sector Index NTR (CME:IXUNTR)
Long-Term Downtrend (-90) - IXUNTR is in a strong downtrend that is likely to continue. While IXUNTR 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 IXUNTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for IXUNTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IXUNTR
The long-term trend has been DOWN since Feb 28th, 2020 at 2439.72
The intermediate-term trend has been DOWN since Aug 20th, 2020 at 2398.97
The short-term trend has been DOWN since Sep 18th, 2020 at 2393.51
Smart Scan Analysis for IXUNTR
Based on our trend formula, IXUNTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2161.83||52wk High Date||2018-11-20|
|52wk Low||1808.07||52wk Low Date||2018-02-06|