Index Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
ISE-Revere Natural Gas Total Return Index (NASDAQ:FUMTR)
Countertrend Up (+85) - FUMTR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid FUMTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for FUMTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FUMTR
The long-term trend has been UP since Sep 27th, 2021 at 26.5248
The intermediate-term trend has been UP since Sep 2nd, 2021 at 22.2029
The short-term trend has been DOWN since Oct 20th, 2021 at 28.6292
Smart Scan Analysis for FUMTR
Based on our trend formula, FUMTR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).