Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
Invesco S&P 500 Quality ETF (GIF:SPHQ)
Long-Term Uptrend (+90) - SPHQ is in a strong uptrend that is likely to continue. While SPHQ is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPHQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPHQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPHQ
The long-term trend has been UP since Jun 2nd, 2020 at 35.542
The intermediate-term trend has been UP since Mar 16th, 2021 at 44.062
The short-term trend has been UP since Mar 26th, 2021 at 43.693
Smart Scan Analysis for SPHQ
Based on our trend formula, SPHQ is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).