Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Vanguard Mega Cap Growth ETF (GIF:MGK)
Crossroads (-60) - MGK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MGK?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGK
The long-term trend has been UP since Jun 1st, 2020 at 156.67
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 201.81
The short-term trend has been DOWN since Feb 17th, 2021 at 212.92
Smart Scan Analysis for MGK
Based on our trend formula, MGK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).