Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
iPath Series B Bloomberg Livestock Subindex Total ReturnSM ETN (GIF:COW)
Bull Market Weakness (+75) - COW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on COW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid COW?
MarketClub looks at technical strength and momentum to determine if the timing is right for COW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COW
The long-term trend has been DOWN since Jan 27th, 2020 at 43.818
The intermediate-term trend has been UP since Jul 6th, 2020 at 31.271
The short-term trend has been UP since Jul 31st, 2020 at 31.380
Smart Scan Analysis for COW
Based on our trend formula, COW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).