Index Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
Fidelity Total Bond ETF (GIF:FBND)
Weak Downtrend (-65) - FBND is showing signs of a strengthening downtrend. Monitor FBND as it may be building momentum to the downside.
Is it time to buy, sell, or avoid FBND?
MarketClub looks at technical strength and momentum to determine if the timing is right for FBND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FBND
The long-term trend has been DOWN since Dec 4th, 2020 at 54.163
The intermediate-term trend has been DOWN since Jan 6th, 2021 at 53.886
The short-term trend has been UP since Jan 14th, 2021 at 53.751
Smart Scan Analysis for FBND
Based on our trend formula, FBND is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).