Index Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
High Yield ETF (GIF:HYLD)
Sidelines Mode (+55) - HYLD 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 HYLD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HYLD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HYLD
The long-term trend has been UP since Sep 2nd, 2020 at 30.609
The intermediate-term trend has been UP since Jan 20th, 2021 at 32.161
The short-term trend has been DOWN since Feb 22nd, 2021 at 32.385
Smart Scan Analysis for HYLD
Based on our trend formula, HYLD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).