Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
iShares Interest Rate Hedged Long-Term Corporate Bond ETF (GIF:IGBH)
Bull Market Weakness (+75) - IGBH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IGBH as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IGBH?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGBH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IGBH
The long-term trend has been DOWN since Feb 27th, 2020 at 24.250
The intermediate-term trend has been UP since May 19th, 2020 at 21.763
The short-term trend has been UP since Aug 4th, 2020 at 23.393
Smart Scan Analysis for IGBH
Based on our trend formula, IGBH is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).