Index Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
ISE-Revere Natural Gas Total Return Index (NASDAQ:FUMTR)
Sidelines Mode (-55) - FUMTR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Jun 16th, 2022 at 40.1920
The short-term trend has been UP since Jun 28th, 2022 at 37.3510
Smart Scan Analysis for FUMTR
Based on our trend formula, FUMTR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).