Index Trend Analysis Report
Prepared for you on Tuesday, July 14, 2020.
The Communication Services Select Sector SPDR Fund (GIF:XLC)
Countertrend Up (+85) - XLC 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 XLC?
MarketClub looks at technical strength and momentum to determine if the timing is right for XLC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XLC
The long-term trend has been UP since Jun 2nd, 2020 at 54.776
The intermediate-term trend has been UP since Jul 7th, 2020 at 56.464
The short-term trend has been DOWN since Jul 14th, 2020 at 55.825
Smart Scan Analysis for XLC
Based on our trend formula, XLC is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).