Index Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
Inspire Corporate Bond Impact ETF (GIF:IBD)
Weak Downtrend (-65) - IBD is showing signs of a strengthening downtrend. Monitor IBD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid IBD?
MarketClub looks at technical strength and momentum to determine if the timing is right for IBD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IBD
The long-term trend has been DOWN since Aug 28th, 2020 at 19.125
The intermediate-term trend has been DOWN since Aug 28th, 2020 at 21.830
The short-term trend has been UP since Sep 17th, 2020 at 26.565
Smart Scan Analysis for IBD
Based on our trend formula, IBD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).