Index Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
NYSE Leveraged 2x PYPL Index (GIF:NY2LPYPL)
Long-Term Uptrend (+90) - NY2LPYPL is in a strong uptrend that is likely to continue. While NY2LPYPL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NY2LPYPL?
MarketClub looks at technical strength and momentum to determine if the timing is right for NY2LPYPL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NY2LPYPL
The long-term trend has been UP since May 7th, 2020 at 221.440
The intermediate-term trend has been UP since Apr 7th, 2021 at 665.263
The short-term trend has been UP since Mar 31st, 2021 at 601.470
Smart Scan Analysis for NY2LPYPL
Based on our trend formula, NY2LPYPL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).