Index Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
EQM Brand Value Index (GIF:BVALIDX)
Bull Market Weakness (+75) - BVALIDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BVALIDX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BVALIDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BVALIDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BVALIDX
The long-term trend has been UP since Jun 5th, 2020 at 114.65
The intermediate-term trend has been UP since Jul 13th, 2020 at 109.79
The short-term trend has been DOWN since Jul 24th, 2020 at 111.21
Smart Scan Analysis for BVALIDX
Based on our trend formula, BVALIDX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).