Index Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
John Hancock Multifactor Consumer Discretionary ETF (GIF:JHMC)
Long-Term Uptrend (+90) - JHMC is in a strong uptrend that is likely to continue. While JHMC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid JHMC?
MarketClub looks at technical strength and momentum to determine if the timing is right for JHMC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JHMC
The long-term trend has been UP since Jun 3rd, 2020 at 33.758
The intermediate-term trend has been UP since Mar 11th, 2021 at 49.842
The short-term trend has been UP since Mar 31st, 2021 at 50.126
Smart Scan Analysis for JHMC
Based on our trend formula, JHMC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).