Index Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
SPDR Portfolio S&P 500 High Dividend ETF (GIF:SPYD)
Crossroads (+60) - SPYD 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 SPYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPYD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPYD
The long-term trend has been DOWN since Feb 25th, 2020 at 37.986
The intermediate-term trend has been UP since Jul 23rd, 2020 at 28.703
The short-term trend has been UP since Aug 6th, 2020 at 28.376
Smart Scan Analysis for SPYD
Based on our trend formula, SPYD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).