Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
SPDR Nuveen Barclays Short Term Municipal Bond ETF (GIF:SHM)
Strong Uptrend (+100) - SHM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SHM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since May 22nd, 2020 at 49.778
The intermediate-term trend has been UP since Jul 13th, 2020 at 49.820
The short-term trend has been UP since Aug 7th, 2020 at 50.006
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).