Index Trend Analysis Report
Prepared for you on Sunday, January 16, 2022.
Morningstar US REIT Index PR USD (CME:MREITP)
Crossroads (-60) - MREITP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MREITP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MREITP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MREITP
The long-term trend has been UP since Nov 5th, 2021 at 2937.69
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 2922.12
The short-term trend has been DOWN since Jan 14th, 2022 at 2911.57
Smart Scan Analysis for MREITP
Based on our trend formula, MREITP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2208.93||52wk High Date||2018-08-20|
|52wk Low||1881.47||52wk Low Date||2018-02-09|