Index Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
SPDR S&P Internet ETF (GIF:XWEB)
Weak Uptrend (+65) - XWEB is showing signs of weakening momentum to the upside. Monitor XWEB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XWEB?
MarketClub looks at technical strength and momentum to determine if the timing is right for XWEB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XWEB
The long-term trend has been UP since May 20th, 2020 at 91.706
The intermediate-term trend has been UP since Apr 13th, 2021 at 179.244
The short-term trend has been DOWN since Apr 16th, 2021 at 177.405
Smart Scan Analysis for XWEB
Based on our trend formula, XWEB is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).