Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
iShares iBonds Dec 2022 Term Corporate ETF (GIF:IBDN)
Sidelines Mode (-55) - IBDN 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 IBDN?
MarketClub looks at technical strength and momentum to determine if the timing is right for IBDN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IBDN
The long-term trend has been DOWN since Oct 1st, 2020 at 25.553
The intermediate-term trend has been DOWN since Sep 1st, 2020 at 25.609
The short-term trend has been UP since Oct 8th, 2020 at 25.566
Smart Scan Analysis for IBDN
Based on our trend formula, IBDN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).