Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
Invesco Taxable Municipal Bond ETF (GIF:BAB)
Crossroads (+60) - BAB 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 BAB?
MarketClub looks at technical strength and momentum to determine if the timing is right for BAB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BAB
The long-term trend has been DOWN since Feb 24th, 2021 at 32.538
The intermediate-term trend has been UP since Apr 8th, 2021 at 32.399
The short-term trend has been UP since Apr 5th, 2021 at 32.162
Smart Scan Analysis for BAB
Based on our trend formula, BAB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).