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Index Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

iShares Russell 2000 ETF (GIF:IWM)

Sidelines Mode (+55) - IWM 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 IWM?

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

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

GIF_IWM
Open High Low IWM Price Change
148.679 148.679 148.679 148.679 +1.464
Entry Signal

MarketClub’s Trade Triangles for IWM

long term down The long-term trend has been DOWN since Feb 26th, 2020 at 155.400

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2020 at 145.237

short term down The short-term trend has been DOWN since Jul 31st, 2020 at 145.935

Smart Scan Analysis for IWM

Based on our trend formula, IWM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for IWM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
148.679 148.679 148.679 148.679 +1.464
Prev. Close Volume Bid Ask Time
135.180 0 2020-08-03 08:00:05
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