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.

Open	High	Low	PSK Price	Change
42.531	42.714	42.457	42.692	+0.161
Entry Signal

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).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
42.531	42.714	42.457	42.692	+0.161
Prev. Close	Volume	Bid	Ask	Time
42.657	0			2021-03-05 16:00:00

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