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Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
Invesco Global Water ETF (GIF:PIO)
Countertrend Up (+85) - PIO 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 PIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for PIO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PIO
The long-term trend has been UP since Jul 21st, 2020 at 30.597
The intermediate-term trend has been UP since Jul 13th, 2020 at 29.442
The short-term trend has been DOWN since Jul 30th, 2020 at 30.747
Smart Scan Analysis for PIO
Based on our trend formula, PIO is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.746 | 31.097 | 30.746 | 31.087 | +0.088 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28.558 | 0 | 2020-08-06 15:32:35 |