Index Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT)
Countertrend Down (-85) - BSCT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid BSCT?
MarketClub looks at technical strength and momentum to determine if the timing is right for BSCT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BSCT
The long-term trend has been DOWN since Oct 7th, 2021 at 21.078
The intermediate-term trend has been DOWN since Jun 10th, 2022 at 18.348
The short-term trend has been UP since Jun 17th, 2022 at 18.064
Smart Scan Analysis for BSCT
Based on our trend formula, BSCT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||21.625||52wk High Date||2021-08-04|
|52wk Low||17.77||52wk Low Date||2022-06-14|
|Average Volume||38,622||Shares Outstanding||300|