Index Trend Analysis Report
Prepared for you on Monday, September 28, 2020.
iShares Russell 2000 Growth ETF (GIF:IWO)
Crossroads (-60) - IWO 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 IWO?
MarketClub looks at technical strength and momentum to determine if the timing is right for IWO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IWO
The long-term trend has been UP since Jun 3rd, 2020 at 205.75
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 222.60
The short-term trend has been DOWN since Sep 21st, 2020 at 219.34
Smart Scan Analysis for IWO
Based on our trend formula, IWO is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).