Index Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
SPDR Barclays Intermediate Term Corporate Bond ETF (GIF:SPIB)
Crossroads (+60) - SPIB 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 SPIB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPIB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPIB
The long-term trend has been DOWN since Feb 25th, 2021 at 36.620
The intermediate-term trend has been UP since Apr 8th, 2021 at 36.333
The short-term trend has been UP since Apr 5th, 2021 at 36.238
Smart Scan Analysis for SPIB
Based on our trend formula, SPIB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).