Index Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
PHLX Housing Sector (NASDAQ:HGX)
Weak Downtrend (-65) - HGX is showing signs of a strengthening downtrend. Monitor HGX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for HGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HGX
The long-term trend has been UP since Nov 16th, 2021 at 499.82
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 483.73
The short-term trend has been DOWN since Jan 18th, 2022 at 499.19
Smart Scan Analysis for HGX
Based on our trend formula, HGX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||369.15||52wk High Date||2018-01-24|
|52wk Low||240.19||52wk Low Date||2018-10-29|