Index Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
HSBC FTSE EPRA/NAREIT DEVELOPED UCITS ETF (GBP) (GIF:HPRDGB)
Sidelines Mode (-55) - HPRDGB 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 HPRDGB?
MarketClub looks at technical strength and momentum to determine if the timing is right for HPRDGB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HPRDGB
The long-term trend has been DOWN since Feb 28th, 2020 at 18.652
The intermediate-term trend has been UP since Sep 9th, 2020 at 16.008
The short-term trend has been DOWN since Sep 18th, 2020 at 16.142
Smart Scan Analysis for HPRDGB
Based on our trend formula, HPRDGB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).