Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
HS Market Neutral Index (GIF:HSGMN)
Bear Market Rally (-75) - HSGMN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HSGMN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HSGMN?
MarketClub looks at technical strength and momentum to determine if the timing is right for HSGMN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HSGMN
The long-term trend has been DOWN since Jan 7th, 2020 at 283.34
The intermediate-term trend has been DOWN since Aug 3rd, 2020 at 262.04
The short-term trend has been UP since Jul 29th, 2020 at 268.04
Smart Scan Analysis for HSGMN
Based on our trend formula, HSGMN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).