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Index Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

iShares Russell Top 200 ETF (GIF:IWL)

Countertrend Up (+85) - IWL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid IWL?

MarketClub looks at technical strength and momentum to determine if the timing is right for IWL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_IWL
Open High Low IWL Price Change
83.033 83.313 82.643 83.251 +0.218
Entry Signal

MarketClub’s Trade Triangles for IWL

long term up The long-term trend has been UP since Jun 3rd, 2020 at 73.844

intermediate term up The intermediate-term trend has been UP since Oct 8th, 2020 at 82.891

short term down The short-term trend has been DOWN since Oct 19th, 2020 at 83.033

Smart Scan Analysis for IWL

Based on our trend formula, IWL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for IWL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
83.033 83.313 82.643 83.251 +0.218
Prev. Close Volume Bid Ask Time
82.380 0 2020-10-23 16:02:13
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