Index Trend Analysis Report
Prepared for you on Saturday, July 11, 2020.
Energy Select Sector Index NTR (GIF:IXENTR)
Long-Term Downtrend (-90) - IXENTR is in a strong downtrend that is likely to continue. While IXENTR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IXENTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for IXENTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IXENTR
The long-term trend has been DOWN since Jan 31st, 2020 at 918.71
The intermediate-term trend has been DOWN since Jun 15th, 2020 at 657.99
The short-term trend has been DOWN since Jul 7th, 2020 at 638.27
Smart Scan Analysis for IXENTR
Based on our trend formula, IXENTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).