Index Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
Schwab Short-Term U.S. Treasury ETF (GIF:SCHO)
Weak Downtrend (-65) - SCHO is showing signs of a strengthening downtrend. Monitor SCHO as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SCHO?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCHO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SCHO
The long-term trend has been DOWN since Aug 11th, 2020 at 51.525
The intermediate-term trend has been DOWN since Oct 1st, 2020 at 51.480
The short-term trend has been UP since Nov 17th, 2020 at 51.394
Smart Scan Analysis for SCHO
Based on our trend formula, SCHO is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).