Index Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
NYSE R&D Innovation Index Total Return (GIF:NYINOV8T)
Crossroads (-60) - NYINOV8T 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 NYINOV8T?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYINOV8T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYINOV8T
The long-term trend has been UP since Jun 2nd, 2020 at 2136.85
The intermediate-term trend has been DOWN since Mar 3rd, 2021 at 3219.47
The short-term trend has been DOWN since Apr 12th, 2021 at 3276.34
Smart Scan Analysis for NYINOV8T
Based on our trend formula, NYINOV8T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).