Index Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
iShares Core U.S. Treasury Bond ETF (GIF:GOVT)
Strong Downtrend (-100) - GOVT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GOVT?
MarketClub looks at technical strength and momentum to determine if the timing is right for GOVT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GOVT
The long-term trend has been DOWN since Oct 5th, 2020 at 27.822
The intermediate-term trend has been DOWN since Aug 11th, 2020 at 28.063
The short-term trend has been DOWN since Oct 20th, 2020 at 27.751
Smart Scan Analysis for GOVT
Based on our trend formula, GOVT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).