Index Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
Invesco BulletShares 2022 High Yield Corporate Bond ETF (GIF:BSJM)
Countertrend Up (+85) - BSJM 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 BSJM?
MarketClub looks at technical strength and momentum to determine if the timing is right for BSJM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BSJM
The long-term trend has been UP since Jul 21st, 2020 at 22.865
The intermediate-term trend has been UP since Jul 16th, 2020 at 22.636
The short-term trend has been DOWN since Aug 10th, 2020 at 23.017
Smart Scan Analysis for BSJM
Based on our trend formula, BSJM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).