Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
Invesco DWA Energy Momentum ETF (GIF:PXI)
Bull Market Weakness (+75) - PXI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PXI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PXI?
MarketClub looks at technical strength and momentum to determine if the timing is right for PXI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PXI
The long-term trend has been DOWN since Jan 27th, 2020 at 24.4390
The intermediate-term trend has been UP since Jul 21st, 2020 at 15.4411
The short-term trend has been UP since Aug 4th, 2020 at 15.5589
Smart Scan Analysis for PXI
Based on our trend formula, PXI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).