Index Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
ProShares RAFI Long/Short (GIF:RALS)
Countertrend Up (+85) - RALS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RALS?
MarketClub looks at technical strength and momentum to determine if the timing is right for RALS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RALS
The long-term trend has been UP since Nov 24th, 2020 at 31.243
The intermediate-term trend has been UP since Jan 6th, 2021 at 31.150
The short-term trend has been DOWN since Jan 20th, 2021 at 31.193
Smart Scan Analysis for RALS
Based on our trend formula, RALS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).