Index Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
OFI Revenue Weighted Financials Sector Index (CME:REVWFIN)
Strong Uptrend (+100) - REVWFIN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, REVWFIN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid REVWFIN?
MarketClub looks at technical strength and momentum to determine if the timing is right for REVWFIN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for REVWFIN
The long-term trend has been UP since Nov 9th, 2020 at 1023.86
The intermediate-term trend has been UP since Sep 27th, 2021 at 1548.93
The short-term trend has been UP since Oct 15th, 2021 at 1571.68
Smart Scan Analysis for REVWFIN
Based on our trend formula, REVWFIN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1257.62||52wk High Date||2018-01-29|
|52wk Low||1027.98||52wk Low Date||2018-10-26|