Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
YieldShares High Income ETF (GIF:YYY)
Bull Market Weakness (+75) - YYY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on YYY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid YYY?
MarketClub looks at technical strength and momentum to determine if the timing is right for YYY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for YYY
The long-term trend has been DOWN since Feb 25th, 2020 at 17.5030
The intermediate-term trend has been UP since Jul 20th, 2020 at 14.5497
The short-term trend has been UP since Jul 15th, 2020 at 14.4516
Smart Scan Analysis for YYY
Based on our trend formula, YYY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).