Index Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Invesco Dynamic Software ETF (GIF:PSJ)
Strong Uptrend (+100) - PSJ is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PSJ continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid PSJ?
MarketClub looks at technical strength and momentum to determine if the timing is right for PSJ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PSJ
The long-term trend has been UP since May 20th, 2020 at 107.440
The intermediate-term trend has been UP since Nov 5th, 2020 at 133.890
The short-term trend has been UP since Nov 18th, 2020 at 131.696
Smart Scan Analysis for PSJ
Based on our trend formula, PSJ is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).