Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
iShares BSE Sensex India Tracker (GIF:2836)
Long-Term Uptrend (+90) - 2836 is in a strong uptrend that is likely to continue. While 2836 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid 2836?
MarketClub looks at technical strength and momentum to determine if the timing is right for 2836.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 2836
The long-term trend has been UP since Jul 6th, 2020 at 21.475
The intermediate-term trend has been UP since Oct 5th, 2020 at 24.200
The short-term trend has been UP since Oct 20th, 2020 at 24.927
Smart Scan Analysis for 2836
Based on our trend formula, 2836 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).