Index Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
ProShares Online Retail ETF (GIF:ONLN)
Crossroads (-60) - ONLN 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 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 DOWN since Feb 23rd, 2021 at 82.672
The short-term trend has been DOWN since Mar 3rd, 2021 at 80.804
Smart Scan Analysis for ONLN
Based on our trend formula, ONLN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).