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Index Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Magellan Infrastructure Fund (Hedged) (GIF:MICH-AU)
Long-Term Downtrend (-90) - MICH-AU is in a strong downtrend that is likely to continue. While MICH-AU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MICH-AU?
MarketClub looks at technical strength and momentum to determine if the timing is right for MICH-AU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MICH-AU
The long-term trend has been DOWN since Feb 21st, 2021 at 2.6753
The intermediate-term trend has been DOWN since Feb 21st, 2021 at 2.6753
The short-term trend has been DOWN since Feb 25th, 2021 at 2.6699
Smart Scan Analysis for MICH-AU
Based on our trend formula, MICH-AU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6763 | 2.6763 | 2.6537 | 2.6616 | -0.0151 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6642 | 0 | 2021-02-25 23:59:52 |