Index Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
Nikko AM Singapore STI ETF (GIF:NISE)
Bear Market Rally (-75) - NISE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NISE as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NISE?
MarketClub looks at technical strength and momentum to determine if the timing is right for NISE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NISE
The long-term trend has been DOWN since Feb 2nd, 2020 at 3.2156
The intermediate-term trend has been DOWN since Jun 29th, 2020 at 2.6818
The short-term trend has been UP since Aug 4th, 2020 at 2.5807
Smart Scan Analysis for NISE
Based on our trend formula, NISE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).