Index Trend Analysis Report
Prepared for you on Thursday, October 22, 2020.
ProShares Online Retail ETF (GIF:ONLN)
Bull Market Weakness (+75) - ONLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ONLN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ONLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ONLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ONLN
The long-term trend has been UP since Oct 12th, 2020 at 69.023
The intermediate-term trend has been UP since Oct 1st, 2020 at 64.592
The short-term trend has been DOWN since Oct 21st, 2020 at 67.582
Smart Scan Analysis for ONLN
Based on our trend formula, ONLN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).