Index Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
iShares iBonds Dec 2022 Term Muni Bond ETF (GIF:IBMK)
Sidelines Mode (-55) - IBMK 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 IBMK?
MarketClub looks at technical strength and momentum to determine if the timing is right for IBMK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IBMK
The long-term trend has been DOWN since Oct 8th, 2020 at 26.412
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 26.350
The short-term trend has been UP since Apr 13th, 2021 at 26.317
Smart Scan Analysis for IBMK
Based on our trend formula, IBMK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).