Index Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
Barclays Fortune 500 Normalized Profit Weighted Index (GIF:BFDNP)
Countertrend Up (+85) - BFDNP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BFDNP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BFDNP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BFDNP
The long-term trend has been UP since Dec 3rd, 2020 at 8595.60
The intermediate-term trend has been UP since Nov 5th, 2020 at 7759.50
The short-term trend has been DOWN since Apr 13th, 2021 at 10608.95
Smart Scan Analysis for BFDNP
Based on our trend formula, BFDNP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).