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Index Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

Invesco S&P 500 Equal Weight Industrials ETF (GIF:RGI)

Bull Market Weakness (+75) - RGI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RGI as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid RGI?

MarketClub looks at technical strength and momentum to determine if the timing is right for RGI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_RGI
Open High Low RGI Price Change
155.011 155.011 153.840 154.534 -0.479
Entry Signal

MarketClub’s Trade Triangles for RGI

long term up The long-term trend has been UP since Jun 5th, 2020 at 128.680

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2020 at 143.375

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 155.018

Smart Scan Analysis for RGI

Based on our trend formula, RGI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for RGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
155.011 155.011 153.840 154.534 -0.479
Prev. Close Volume Bid Ask Time
141.751 0 2020-12-02 19:01:31
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