Index Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
Robo-Stox Global Robotics and Automation Index ETF (GIF:ROBO)
Strong Uptrend (+100) - ROBO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ROBO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ROBO?
MarketClub looks at technical strength and momentum to determine if the timing is right for ROBO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ROBO
The long-term trend has been UP since Jun 2nd, 2020 at 43.366
The intermediate-term trend has been UP since Apr 6th, 2021 at 65.644
The short-term trend has been UP since Apr 16th, 2021 at 65.620
Smart Scan Analysis for ROBO
Based on our trend formula, ROBO is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).