Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
iShares iBonds Dec 2021 Term Corporate ETF (GIF:IBDM)
Sidelines Mode (-55) - IBDM 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 IBDM?
MarketClub looks at technical strength and momentum to determine if the timing is right for IBDM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IBDM
The long-term trend has been DOWN since Sep 2nd, 2020 at 25.034
The intermediate-term trend has been DOWN since Sep 1st, 2020 at 25.055
The short-term trend has been UP since Oct 20th, 2020 at 25.021
Smart Scan Analysis for IBDM
Based on our trend formula, IBDM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).