Index Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
ICBC CSOP S&P New China Sectors ETF (HKD) (GIF:3167)
Bull Market Weakness (+75) - 3167 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 3167 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid 3167?
MarketClub looks at technical strength and momentum to determine if the timing is right for 3167.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 3167
The long-term trend has been UP since Sep 1st, 2020 at 96.990
The intermediate-term trend has been UP since Sep 1st, 2020 at 96.990
The short-term trend has been DOWN since Nov 25th, 2020 at 102.413
Smart Scan Analysis for 3167
Based on our trend formula, 3167 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).