Index Trend Analysis Report
Prepared for you on Friday, July 10, 2020.
Alerian MLP ETF (GIF:AMLP)
Weak Downtrend (-65) - AMLP is showing signs of a strengthening downtrend. Monitor AMLP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid AMLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMLP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AMLP
The long-term trend has been UP since May 18th, 2020 at 8.3010
The intermediate-term trend has been DOWN since Jun 15th, 2020 at 25.9792
The short-term trend has been DOWN since Jun 11th, 2020 at 28.8008
Smart Scan Analysis for AMLP
Based on our trend formula, AMLP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).