Index Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
iShares MSCI Global Silver Miners ETF (GIF:SLVP)
Crossroads (-60) - SLVP 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 SLVP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SLVP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SLVP
The long-term trend has been UP since Jan 4th, 2021 at 18.0220
The intermediate-term trend has been DOWN since Jan 15th, 2021 at 16.0290
The short-term trend has been DOWN since Jan 8th, 2021 at 17.0402
Smart Scan Analysis for SLVP
Based on our trend formula, SLVP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).