Index Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
NYSE Arca Gold BUGS Index (GIF:HUI)
Sidelines Mode (-55) - HUI 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 HUI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HUI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HUI
The long-term trend has been DOWN since Sep 1st, 2020 at 249.96
The intermediate-term trend has been UP since Mar 15th, 2021 at 276.13
The short-term trend has been DOWN since Apr 12th, 2021 at 276.38
Smart Scan Analysis for HUI
Based on our trend formula, HUI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).