Index Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
EQM Battery and Mining Index (GIF:BATTIDX)
Bull Market Weakness (+75) - BATTIDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BATTIDX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BATTIDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BATTIDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BATTIDX
The long-term trend has been DOWN since Mar 26th, 2021 at 275.91
The intermediate-term trend has been UP since Apr 14th, 2021 at 328.25
The short-term trend has been UP since Apr 14th, 2021 at 323.41
Smart Scan Analysis for BATTIDX
Based on our trend formula, BATTIDX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).