Index Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
NYSE Arca Biotechnology Index (TR) (GIF:BTKTR)
Weak Downtrend (-65) - BTKTR is showing signs of a strengthening downtrend. Monitor BTKTR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BTKTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTKTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTKTR
The long-term trend has been DOWN since Mar 4th, 2021 at 5575.89
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 6128.91
The short-term trend has been UP since Apr 15th, 2021 at 5565.43
Smart Scan Analysis for BTKTR
Based on our trend formula, BTKTR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).