Index Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
SummerHaven Copper Index Excess Return (GIF:SCIER)
Bull Market Weakness (+75) - SCIER is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SCIER as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SCIER?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCIER.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SCIER
The long-term trend has been UP since Oct 20th, 2020 at 466.11
The intermediate-term trend has been UP since Feb 8th, 2021 at 547.73
The short-term trend has been DOWN since Feb 26th, 2021 at 611.80
Smart Scan Analysis for SCIER
Based on our trend formula, SCIER is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).