Index Trend Analysis Report
Prepared for you on Sunday, October 25, 2020.
Invesco Dynamic Leisure & Entertainment ETF (GIF:PEJ)
Bull Market Weakness (+75) - PEJ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PEJ as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PEJ?
MarketClub looks at technical strength and momentum to determine if the timing is right for PEJ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PEJ
The long-term trend has been UP since Aug 31st, 2020 at 34.142
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 32.338
The short-term trend has been UP since Oct 23rd, 2020 at 32.531
Smart Scan Analysis for PEJ
Based on our trend formula, PEJ is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).