Index Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
ISE ETF 50 Total Return Index (NASDAQ:ETIT)
Bear Market Rally (-75) - ETIT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ETIT as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ETIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for ETIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ETIT
The long-term trend has been DOWN since Mar 9th, 2023 at 214.89
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 219.08
The short-term trend has been UP since Mar 20th, 2023 at 215.30
Smart Scan Analysis for ETIT
Based on our trend formula, ETIT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).