Index Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
EGShares India Consumer ETF (GIF:INCO)
Crossroads (-60) - INCO is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid INCO?
MarketClub looks at technical strength and momentum to determine if the timing is right for INCO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INCO
The long-term trend has been UP since Jul 1st, 2020 at 37.878
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 49.124
The short-term trend has been DOWN since Apr 19th, 2021 at 49.108
Smart Scan Analysis for INCO
Based on our trend formula, INCO is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).