Index Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
NYSE Multi-Asset High Income Index (Net TR) (GIF:NYMLTIN)
Bull Market Weakness (+75) - NYMLTIN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NYMLTIN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NYMLTIN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYMLTIN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYMLTIN
The long-term trend has been UP since Nov 11th, 2020 at 1047.08
The intermediate-term trend has been UP since Nov 11th, 2020 at 1041.13
The short-term trend has been DOWN since Feb 25th, 2021 at 1219.75
Smart Scan Analysis for NYMLTIN
Based on our trend formula, NYMLTIN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).