Index Trend Analysis Report
Prepared for you on Friday, January 15, 2021.
Invesco PureBeta 0-5 Yr US TIPS ETF (GIF:PBTP)
Bull Market Weakness (+75) - PBTP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PBTP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PBTP?
MarketClub looks at technical strength and momentum to determine if the timing is right for PBTP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PBTP
The long-term trend has been UP since Jun 9th, 2020 at 25.328
The intermediate-term trend has been DOWN since Dec 21st, 2020 at 25.825
The short-term trend has been UP since Jan 14th, 2021 at 25.934
Smart Scan Analysis for PBTP
Based on our trend formula, PBTP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).