Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
iShares Long-Term Corporate Bond ETF (GIF:IGLB)
Countertrend Down (-85) - IGLB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid IGLB?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGLB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IGLB
The long-term trend has been DOWN since Aug 31st, 2020 at 64.254
The intermediate-term trend has been DOWN since Jan 6th, 2021 at 71.766
The short-term trend has been UP since Feb 26th, 2021 at 68.380
Smart Scan Analysis for IGLB
Based on our trend formula, IGLB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).