Index Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
Russell 2000/Russell 1000 Price Return Index (GIF:RU2RU1PR)
Weak Downtrend (-65) - RU2RU1PR is showing signs of a strengthening downtrend. Monitor RU2RU1PR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid RU2RU1PR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RU2RU1PR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RU2RU1PR
The long-term trend has been UP since Oct 8th, 2020 at 778.70
The intermediate-term trend has been DOWN since Mar 24th, 2021 at 1119.12
The short-term trend has been DOWN since Apr 6th, 2021 at 1107.10
Smart Scan Analysis for RU2RU1PR
Based on our trend formula, RU2RU1PR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).