Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
NYSE Leveraged 2x IBM Index (GIF:NY2LIBM)
Strong Uptrend (+100) - NY2LIBM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NY2LIBM 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 NY2LIBM?
MarketClub looks at technical strength and momentum to determine if the timing is right for NY2LIBM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NY2LIBM
The long-term trend has been UP since Mar 26th, 2021 at 82.360
The intermediate-term trend has been UP since Feb 25th, 2021 at 71.280
The short-term trend has been UP since Apr 5th, 2021 at 82.496
Smart Scan Analysis for NY2LIBM
Based on our trend formula, NY2LIBM is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).