Index Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
NYSE Arca Equal Weighted Pharmaceutical Index (GIF:DGE)
Weak Downtrend (-65) - DGE is showing signs of a strengthening downtrend. Monitor DGE as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DGE?
MarketClub looks at technical strength and momentum to determine if the timing is right for DGE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DGE
The long-term trend has been UP since Dec 3rd, 2020 at 966.41
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 1031.17
The short-term trend has been DOWN since Feb 19th, 2021 at 1069.13
Smart Scan Analysis for DGE
Based on our trend formula, DGE is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).