Index Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Vanguard Information Technology ETF (GIF:VGT)
Countertrend Up (+85) - VGT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid VGT?
MarketClub looks at technical strength and momentum to determine if the timing is right for VGT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VGT
The long-term trend has been UP since Jun 2nd, 2020 at 262.49
The intermediate-term trend has been UP since Apr 5th, 2021 at 367.07
The short-term trend has been DOWN since Apr 20th, 2021 at 380.33
Smart Scan Analysis for VGT
Based on our trend formula, VGT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).