Index Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
SPDR Wells Fargo Preferred Stock ETF (GIF:PSK)
Bear Market Rally (-75) - PSK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PSK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PSK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PSK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PSK
The long-term trend has been DOWN since Jan 11th, 2021 at 43.038
The intermediate-term trend has been DOWN since Jan 6th, 2021 at 43.937
The short-term trend has been UP since Mar 2nd, 2021 at 42.470
Smart Scan Analysis for PSK
Based on our trend formula, PSK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).