Index Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
Invesco BulletShares 2024 Corporate Bond ETF (GIF:BSCO)
Bull Market Weakness (+75) - BSCO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BSCO as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BSCO?
MarketClub looks at technical strength and momentum to determine if the timing is right for BSCO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BSCO
The long-term trend has been UP since Jun 17th, 2020 at 22.054
The intermediate-term trend has been UP since Nov 9th, 2020 at 22.235
The short-term trend has been DOWN since Nov 23rd, 2020 at 22.227
Smart Scan Analysis for BSCO
Based on our trend formula, BSCO is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).