Index Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
SPDR S&P Health Care Equipment ETF (GIF:XHE)
Bull Market Weakness (+75) - XHE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XHE as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XHE?
MarketClub looks at technical strength and momentum to determine if the timing is right for XHE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XHE
The long-term trend has been UP since Oct 6th, 2020 at 99.097
The intermediate-term trend has been UP since Sep 30th, 2020 at 97.230
The short-term trend has been DOWN since Nov 25th, 2020 at 104.621
Smart Scan Analysis for XHE
Based on our trend formula, XHE is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).