Index Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Morningstar Multi-Asset High Income Index (TR) (GIF:MAHIT)
Strong Uptrend (+100) - MAHIT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MAHIT 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 MAHIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for MAHIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MAHIT
The long-term trend has been UP since Jul 29th, 2020 at 2702.25
The intermediate-term trend has been UP since Nov 5th, 2020 at 2712.13
The short-term trend has been UP since Nov 3rd, 2020 at 2650.49
Smart Scan Analysis for MAHIT
Based on our trend formula, MAHIT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).