Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
iShares U.S. Aerospace & Defense ETF (GIF:ITA)
Strong Downtrend (-100) - ITA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ITA?
MarketClub looks at technical strength and momentum to determine if the timing is right for ITA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ITA
The long-term trend has been DOWN since Feb 25th, 2020 at 220.10
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 164.13
The short-term trend has been DOWN since Sep 21st, 2020 at 163.64
Smart Scan Analysis for ITA
Based on our trend formula, ITA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).