Index Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
SPDR Nuveen S&P High Yield Municipal Bond ETF (GIF:HYMB)
Weak Downtrend (-65) - HYMB is showing signs of a strengthening downtrend. Monitor HYMB as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HYMB?
MarketClub looks at technical strength and momentum to determine if the timing is right for HYMB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HYMB
The long-term trend has been DOWN since Sep 1st, 2020 at 54.393
The intermediate-term trend has been DOWN since Sep 1st, 2020 at 57.285
The short-term trend has been DOWN since Oct 20th, 2020 at 56.814
Smart Scan Analysis for HYMB
Based on our trend formula, HYMB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).