Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
Wells Fargo Hybrid and Pref Securities REIT Index (GIF:WHPSR)
Bull Market Weakness (+75) - WHPSR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on WHPSR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid WHPSR?
MarketClub looks at technical strength and momentum to determine if the timing is right for WHPSR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WHPSR
The long-term trend has been DOWN since Feb 28th, 2020 at 3161.70
The intermediate-term trend has been UP since Jul 21st, 2020 at 2940.95
The short-term trend has been UP since Jul 16th, 2020 at 2919.96
Smart Scan Analysis for WHPSR
Based on our trend formula, WHPSR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).