Index Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
Invesco Solar ETF (GIF:TAN)
Crossroads (-60) - TAN 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 TAN?
MarketClub looks at technical strength and momentum to determine if the timing is right for TAN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TAN
The long-term trend has been UP since Jul 1st, 2020 at 36.298
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 107.741
The short-term trend has been DOWN since Apr 15th, 2021 at 84.056
Smart Scan Analysis for TAN
Based on our trend formula, TAN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).