Index Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
iShares Core 5-10 Year USD Bond ETF (GIF:IMTB)
Long-Term Uptrend (+90) - IMTB is in a strong uptrend that is likely to continue. While IMTB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid IMTB?
MarketClub looks at technical strength and momentum to determine if the timing is right for IMTB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IMTB
The long-term trend has been UP since Jul 8th, 2020 at 52.118
The intermediate-term trend has been UP since Aug 10th, 2020 at 52.604
The short-term trend has been UP since Aug 10th, 2020 at 52.604
Smart Scan Analysis for IMTB
Based on our trend formula, IMTB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).