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Index Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

Rogers - Van Eck Natural Resources Index (Net TR) (GIF:RVEIT)

Countertrend Up (+85) - RVEIT 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 RVEIT?

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

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

GIF_RVEIT
Open High Low RVEIT Price Change
4963.00 5048.58 4962.67 5016.61 +53.95
Entry Signal

MarketClub’s Trade Triangles for RVEIT

long term up The long-term trend has been UP since Nov 9th, 2020 at 4555.87

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2020 at 4505.05

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 5030.81

Smart Scan Analysis for RVEIT

Based on our trend formula, RVEIT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for RVEIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4963.00 5048.58 4962.67 5016.61 +53.95
Prev. Close Volume Bid Ask Time
4157.85 0 2020-12-01 15:02:23
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