Index Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
NYSE Leveraged 2x JNJ Index (GIF:NY2LJNJ)
Crossroads (-60) - NY2LJNJ 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 NY2LJNJ?
MarketClub looks at technical strength and momentum to determine if the timing is right for NY2LJNJ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NY2LJNJ
The long-term trend has been UP since Dec 31st, 2020 at 147.856
The intermediate-term trend has been DOWN since Apr 13th, 2021 at 149.171
The short-term trend has been DOWN since Apr 9th, 2021 at 158.151
Smart Scan Analysis for NY2LJNJ
Based on our trend formula, NY2LJNJ is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).