Index Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
Invesco PureBeta US Aggregate Bond ETF (GIF:PBND)
Weak Downtrend (-65) - PBND is showing signs of a strengthening downtrend. Monitor PBND as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PBND?
MarketClub looks at technical strength and momentum to determine if the timing is right for PBND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PBND
The long-term trend has been UP since Jul 6th, 2020 at 26.855
The intermediate-term trend has been DOWN since Aug 13th, 2020 at 26.994
The short-term trend has been DOWN since Aug 7th, 2020 at 27.152
Smart Scan Analysis for PBND
Based on our trend formula, PBND is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).