Index Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
SPDR Barclays High Yield Bond ETF (GIF:JNK)
Strong Uptrend (+100) - JNK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, JNK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid JNK?
MarketClub looks at technical strength and momentum to determine if the timing is right for JNK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JNK
The long-term trend has been UP since Jul 22nd, 2020 at 104.465
The intermediate-term trend has been UP since Mar 30th, 2021 at 108.122
The short-term trend has been UP since Apr 15th, 2021 at 108.825
Smart Scan Analysis for JNK
Based on our trend formula, JNK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).