Index Trend Analysis Report
Prepared for you on Tuesday, January 19, 2021.
Invesco Dynamic Building & Construction ETF (GIF:PKB)
Bull Market Weakness (+75) - PKB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PKB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PKB?
MarketClub looks at technical strength and momentum to determine if the timing is right for PKB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PKB
The long-term trend has been UP since Jul 16th, 2020 at 32.493
The intermediate-term trend has been UP since Nov 9th, 2020 at 39.765
The short-term trend has been DOWN since Jan 15th, 2021 at 43.045
Smart Scan Analysis for PKB
Based on our trend formula, PKB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).