Index Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (GIF:PDN)
Countertrend Up (+85) - PDN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid PDN?
MarketClub looks at technical strength and momentum to determine if the timing is right for PDN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PDN
The long-term trend has been UP since Jun 8th, 2020 at 28.904
The intermediate-term trend has been UP since Oct 9th, 2020 at 30.711
The short-term trend has been DOWN since Oct 15th, 2020 at 30.565
Smart Scan Analysis for PDN
Based on our trend formula, PDN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).