Index Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
SPDR Nuveen Barclays Short Term Municipal Bond ETF (GIF:SHM)
Strong Downtrend (-100) - SHM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SHM?
MarketClub looks at technical strength and momentum to determine if the timing is right for SHM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SHM
The long-term trend has been DOWN since Oct 23rd, 2020 at 49.740
The intermediate-term trend has been DOWN since Feb 18th, 2021 at 49.745
The short-term trend has been DOWN since Feb 17th, 2021 at 49.795
Smart Scan Analysis for SHM
Based on our trend formula, SHM is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).