Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
iShares North American Natural Resources ETF (GIF:IGE)
Sidelines Mode (+55) - IGE 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 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.
MarketClub’s Trade Triangles for IGE
The long-term trend has been UP since Nov 24th, 2020 at 23.372
The intermediate-term trend has been UP since Nov 9th, 2020 at 20.542
The short-term trend has been DOWN since Apr 8th, 2021 at 27.800
Smart Scan Analysis for IGE
Based on our trend formula, IGE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).