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Index Trend Analysis Report

Prepared for you on Tuesday, April 13, 2021.

iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN (GIF:BAL)

Countertrend Down (-85) - BAL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid BAL?

MarketClub looks at technical strength and momentum to determine if the timing is right for BAL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_BAL
Open High Low BAL Price Change
46.120 46.392 45.421 45.421 -0.699
Entry Signal

MarketClub’s Trade Triangles for BAL

long term down The long-term trend has been DOWN since Apr 1st, 2021 at 44.445

intermediate term down The intermediate-term trend has been DOWN since Mar 9th, 2021 at 48.927

short term up The short-term trend has been UP since Apr 8th, 2021 at 45.824

Smart Scan Analysis for BAL

Based on our trend formula, BAL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BAL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.120 46.392 45.421 45.421 -0.699
Prev. Close Volume Bid Ask Time
46.120 0 2021-04-13 19:00:00
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