Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, August 12, 2020.

iShares North American Natural Resources ETF (GIF:IGE)

Bull Market Weakness (+75) - IGE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IGE as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid IGE?

MarketClub looks at technical strength and momentum to determine if the timing is right for IGE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_IGE
Open High Low IGE Price Change
22.612 23.372 22.612 22.683 -0.369
Entry Signal

MarketClub’s Trade Triangles for IGE

long term down The long-term trend has been DOWN since Jan 31st, 2020 at 27.605

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2020 at 22.101

short term up The short-term trend has been UP since Aug 4th, 2020 at 22.540

Smart Scan Analysis for IGE

Based on our trend formula, IGE is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for IGE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.612 23.372 22.612 22.683 -0.369
Prev. Close Volume Bid Ask Time
21.419 0 2020-08-11 19:13:55
Get a free daily analysis and signals for iShares North American Natural Resources ETF (IGE) - Request Your Free Report.