Stock Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
IQ US Real Estate Small Cap ETF (PACF:ROOF)
Long-Term Downtrend (-90) - ROOF is in a strong downtrend that is likely to continue. While ROOF 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 ROOF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ROOF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ROOF
The long-term trend has been DOWN since Dec 1st, 2021 at 25.2300
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 25.1101
The short-term trend has been DOWN since Jun 30th, 2022 at 21.1400
Smart Scan Analysis for ROOF
Based on our trend formula, ROOF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||27.3907||Year High Date||2018-08-30|
|Year Low||22.6||Year Low Date||2018-03-01|
|52wk High||28.2||52wk High Date||2021-11-05|
|52wk Low||20.315||52wk Low Date||2022-06-17|
|Year End Close||22.4834||Average Volume||3,052|