Stock Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
CI FIRST ASSET GOLD+ GIANTS COVERED CALL ETF (TSE:CGXF)
Sidelines Mode (-55) - CGXF 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 CGXF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CGXF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CGXF
The long-term trend has been UP since Feb 17th, 2022 at 12.28
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 12.98
The short-term trend has been UP since May 19th, 2022 at 11.44
Smart Scan Analysis for CGXF
Based on our trend formula, CGXF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).