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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.

GIF_PXI
Open High Low PXI Price Change
16.0450 16.0450 15.5780 15.7510 -0.0376
Entry Signal

MarketClub’s Trade Triangles for PXI

long term down The long-term trend has been DOWN since Jan 27th, 2020 at 24.4390

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2020 at 15.4411

short term up 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).

+70
Smart Scan Analysis for PXI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.0450 16.0450 15.5780 15.7510 -0.0376
Prev. Close Volume Bid Ask Time
15.5746 0 2020-08-07 11:01:55
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