Index Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Global X Thematic Growth ETF (NASDAQ:GXTG)
Countertrend Up (+85) - GXTG 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 GXTG?
MarketClub looks at technical strength and momentum to determine if the timing is right for GXTG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GXTG
The long-term trend has been UP since Aug 10th, 2022 at 33.177
The intermediate-term trend has been UP since Jul 21st, 2022 at 31.121
The short-term trend has been DOWN since Aug 17th, 2022 at 33.049
Smart Scan Analysis for GXTG
Based on our trend formula, GXTG is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||54.37||52wk High Date||2021-09-07|
|52wk Low||27.8801||52wk Low Date||2022-05-12|
|Average Volume||7,178||Shares Outstanding||2,180|