Index Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
iShares North American Tech-Software ETF (GIF:IGV)
Sidelines Mode (+55) - IGV 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 IGV?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IGV
The long-term trend has been UP since Jun 1st, 2020 at 267.61
The intermediate-term trend has been UP since Jan 25th, 2021 at 361.31
The short-term trend has been DOWN since Feb 17th, 2021 at 380.01
Smart Scan Analysis for IGV
Based on our trend formula, IGV is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).