Index Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
iShares Core 7-10 Year US Treasury Bond ETF (GIF:C656)
Sidelines Mode (-55) - C656 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid C656?
MarketClub looks at technical strength and momentum to determine if the timing is right for C656.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C656
The long-term trend has been DOWN since Jul 26th, 2020 at 2685.98
The intermediate-term trend has been DOWN since Feb 12th, 2021 at 2531.35
The short-term trend has been UP since Mar 1st, 2021 at 2552.91
Smart Scan Analysis for C656
Based on our trend formula, C656 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).