Index Trend Analysis Report
Prepared for you on Sunday, July 12, 2020.
Invesco Dynamic Energy Exploration & Production ETF (GIF:PXE)
Crossroads (-60) - PXE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PXE?
MarketClub looks at technical strength and momentum to determine if the timing is right for PXE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PXE
The long-term trend has been UP since Jun 5th, 2020 at 10.8332
The intermediate-term trend has been DOWN since Jun 24th, 2020 at 9.3609
The short-term trend has been DOWN since Jul 8th, 2020 at 9.1294
Smart Scan Analysis for PXE
Based on our trend formula, PXE is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).