Index Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
Zacks Micro Cap Index (GIF:ZAX)
Long-Term Uptrend (+90) - ZAX is in a strong uptrend that is likely to continue. While ZAX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ZAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZAX
The long-term trend has been UP since Aug 10th, 2020 at 3238.00
The intermediate-term trend has been UP since Mar 8th, 2021 at 4691.25
The short-term trend has been UP since Apr 14th, 2021 at 4788.04
Smart Scan Analysis for ZAX
Based on our trend formula, ZAX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).