Mutual Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
IVY PROSHARES RUSSELL 2000 DIVIDEND GROWERS INDEX FUND CLASS A (NASDAQ:IRUAX)
Countertrend Up (+85) - IRUAX 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 IRUAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IRUAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IRUAX
The long-term trend has been UP since Nov 9th, 2020 at 9.64
The intermediate-term trend has been UP since Nov 3rd, 2020 at 9.55
The short-term trend has been DOWN since Apr 7th, 2021 at 12.14
Smart Scan Analysis for IRUAX
Based on our trend formula, IRUAX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.87||52wk High Date||2021-03-12|
|52wk Low||8.1||52wk Low Date||2020-05-14|
|Year End Close||10.58||Payment Date||2020-06-11|