Index Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Alerian Energy Infrastructure ETF (GIF:ENFR)
Countertrend Up (+85) - ENFR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ENFR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ENFR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ENFR
The long-term trend has been UP since Nov 24th, 2020 at 15.2356
The intermediate-term trend has been UP since Nov 9th, 2020 at 13.3951
The short-term trend has been DOWN since Dec 1st, 2020 at 14.4879
Smart Scan Analysis for ENFR
Based on our trend formula, ENFR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).