Index Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
iPath Series B Bloomberg Coffee Subindex Total ReturnSM ETN (GIF:JO)
Long-Term Uptrend (+90) - JO is in a strong uptrend that is likely to continue. While JO 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 JO?
MarketClub looks at technical strength and momentum to determine if the timing is right for JO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JO
The long-term trend has been UP since Jan 15th, 2021 at 37.919
The intermediate-term trend has been UP since Feb 18th, 2021 at 37.423
The short-term trend has been UP since Feb 16th, 2021 at 36.146
Smart Scan Analysis for JO
Based on our trend formula, JO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).