Index Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
iPath Bloomberg Platinum Subindex Total Return ETN due June 24, 2038 (GIF:PGMFF)
Countertrend Up (+85) - PGMFF 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 PGMFF?
MarketClub looks at technical strength and momentum to determine if the timing is right for PGMFF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PGMFF
The long-term trend has been UP since Jul 22nd, 2020 at 18.658
The intermediate-term trend has been UP since Nov 16th, 2020 at 17.629
The short-term trend has been DOWN since Jan 25th, 2021 at 21.481
Smart Scan Analysis for PGMFF
Based on our trend formula, PGMFF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).