Index Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
NYSE Arca Tobacco Index (GIF:TOB)
Strong Uptrend (+100) - TOB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TOB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Nov 9th, 2020 at 1621.34
The intermediate-term trend has been UP since Feb 8th, 2021 at 1872.47
The short-term trend has been UP since Mar 1st, 2021 at 1996.95
Smart Scan Analysis for TOB
Based on our trend formula, TOB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).