Index Trend Analysis Report
Prepared for you on Thursday, January 21, 2021.
NYSE Leveraged 2x ORCL Index (GIF:NY2LORCL)
Weak Downtrend (-65) - NY2LORCL is showing signs of a strengthening downtrend. Monitor NY2LORCL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NY2LORCL?
MarketClub looks at technical strength and momentum to determine if the timing is right for NY2LORCL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NY2LORCL
The long-term trend has been UP since Jun 4th, 2020 at 48.630
The intermediate-term trend has been DOWN since Jan 14th, 2021 at 59.527
The short-term trend has been DOWN since Dec 28th, 2020 at 65.158
Smart Scan Analysis for NY2LORCL
Based on our trend formula, NY2LORCL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).