Index Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
NYSE Arca Tobacco Index (GIF:TOB)
Bull Market Weakness (+75) - TOB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TOB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TOB?
MarketClub looks at technical strength and momentum to determine if the timing is right for TOB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TOB
The long-term trend has been DOWN since Feb 7th, 2020 at 1678.87
The intermediate-term trend has been UP since Jul 15th, 2020 at 1506.99
The short-term trend has been UP since Aug 5th, 2020 at 1541.41
Smart Scan Analysis for TOB
Based on our trend formula, TOB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).