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Index Trend Analysis Report

Prepared for you on Tuesday, October 27, 2020.

NYSE Arca Gold Miners Index (NTR) Daily -1X Short Index (GIF:GDMNR1XS)

Sidelines Mode (-55) - GDMNR1XS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GDMNR1XS?

MarketClub looks at technical strength and momentum to determine if the timing is right for GDMNR1XS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_GDMNR1XS
Open High Low GDMNR1XS Price Change
47.164 47.164 47.164 47.164 0.000
Entry Signal

MarketClub’s Trade Triangles for GDMNR1XS

long term down The long-term trend has been DOWN since Apr 14th, 2020 at 69.570

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2020 at 45.689

short term up The short-term trend has been UP since Oct 16th, 2020 at 44.576

Smart Scan Analysis for GDMNR1XS

Based on our trend formula, GDMNR1XS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GDMNR1XS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.164 47.164 47.164 47.164 0.000
Prev. Close Volume Bid Ask Time
42.484 0 2020-10-27 00:11:20
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