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Index Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

Global X Funds (NASDAQ:RAYS)

Sidelines Mode (+55) - RAYS 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 RAYS?

MarketClub looks at technical strength and momentum to determine if the timing is right for RAYS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low RAYS Price Change
21.457 21.459 20.986 21.117 -0.911
Entry Signal

MarketClub’s Trade Triangles for RAYS

long term down The long-term trend has been DOWN since Dec 20th, 2021 at 22.614

intermediate term up The intermediate-term trend has been UP since May 19th, 2022 at 18.819

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 21.574

Smart Scan Analysis for RAYS

Based on our trend formula, RAYS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for RAYS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.457 21.459 20.986 21.117 -0.911
Prev. Close Volume Bid Ask Time
21.910 0 2022-06-29 16:29:58
52wk High28.5352wk High Date2021-11-01
52wk Low16.252wk Low Date2022-04-26
Average Volume20,691Shares Outstanding350
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