Index Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
S-Network Bank Loan/Limited Duration CEF Index (GIF:CEFBLX)
Long-Term Uptrend (+90) - CEFBLX is in a strong uptrend that is likely to continue. While CEFBLX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CEFBLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CEFBLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CEFBLX
The long-term trend has been UP since Sep 1st, 2020 at 1340.64
The intermediate-term trend has been UP since Nov 8th, 2020 at 1338.33
The short-term trend has been UP since Mar 30th, 2021 at 1498.75
Smart Scan Analysis for CEFBLX
Based on our trend formula, CEFBLX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).