Index Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
SPDR S&P Metals & Mining ETF (GIF:XME)
Strong Uptrend (+100) - XME is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XME 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 XME?
MarketClub looks at technical strength and momentum to determine if the timing is right for XME.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XME
The long-term trend has been UP since Jun 8th, 2020 at 23.333
The intermediate-term trend has been UP since Jul 13th, 2020 at 21.743
The short-term trend has been UP since Aug 4th, 2020 at 23.596
Smart Scan Analysis for XME
Based on our trend formula, XME is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).