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Index Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
DB Base Metals Double Short ETN (GIF:BOM)
Crossroads (+60) - BOM 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 BOM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BOM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BOM
The long-term trend has been DOWN since Sep 1st, 2020 at 10.0780
The intermediate-term trend has been UP since Jan 19th, 2021 at 7.6906
The short-term trend has been UP since Jan 11th, 2021 at 7.4205
Smart Scan Analysis for BOM
Based on our trend formula, BOM is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.6309 | 7.7300 | 7.5400 | 7.5400 | -0.1900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.3900 | 0 | 2021-01-20 12:13:51 |