Index Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
ISE Exclusively Homebuilders NTR Index (NASDAQ:RUFNTR)
Long-Term Downtrend (-90) - RUFNTR is in a strong downtrend that is likely to continue. While RUFNTR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RUFNTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUFNTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RUFNTR
The long-term trend has been DOWN since Mar 9th, 2020 at 25.336
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 28.240
The short-term trend has been DOWN since Mar 31st, 2020 at 15.015
Smart Scan Analysis for RUFNTR
Based on our trend formula, RUFNTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).