Stock Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
Global X Health & Wellness ETF (NASDAQ:BFIT)
Bull Market Weakness (+75) - BFIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BFIT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BFIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BFIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BFIT
The long-term trend has been DOWN since Sep 28th, 2021 at 29.04
The intermediate-term trend has been UP since Jul 21st, 2022 at 21.27
The short-term trend has been UP since Aug 2nd, 2022 at 21.06
Smart Scan Analysis for BFIT
Based on our trend formula, BFIT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||19.91||Year High Date||2018-10-01|
|Year Low||16.289||Year Low Date||2018-02-09|
|52wk High||31||52wk High Date||2021-09-10|
|52wk Low||19.64||52wk Low Date||2022-06-16|
|Average Volume||751||Shares Outstanding||1,100|