Index Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
Aberdeen Standard Physical Swiss Gold Shares ETF (GIF:SGOL)
Crossroads (+60) - SGOL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SGOL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGOL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGOL
The long-term trend has been DOWN since Feb 17th, 2021 at 16.938
The intermediate-term trend has been UP since Apr 7th, 2021 at 16.756
The short-term trend has been UP since Apr 15th, 2021 at 16.866
Smart Scan Analysis for SGOL
Based on our trend formula, SGOL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).