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Index Trend Analysis Report

Prepared for you on Wednesday, January 27, 2021.

iPath Series B Bloomberg Platinum Subindex Total ReturnSM ETN (GIF:PGM)

Sidelines Mode (+55) - PGM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PGM?

MarketClub looks at technical strength and momentum to determine if the timing is right for PGM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_PGM
Open High Low PGM Price Change
52.712 52.712 50.674 51.260 -1.452
Entry Signal

MarketClub’s Trade Triangles for PGM

long term up The long-term trend has been UP since Jul 22nd, 2020 at 45.825

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2020 at 43.744

short term down The short-term trend has been DOWN since Jan 25th, 2021 at 51.982

Smart Scan Analysis for PGM

Based on our trend formula, PGM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.712 52.712 50.674 51.260 -1.452
Prev. Close Volume Bid Ask Time
41.109 0 2021-01-27 11:19:45
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