Our Trend Analyzer tool lets users easily monitor trend and timing measures of the stocks and ETFs they follow most closely. If you visit our Trend Analyzer page, the “US Index” ETF section is available to the public, but the rest of the sections (and the ability to create custom portfolios) are reserved for Bespoke subscribers.
With the month of May now upon us, we wanted to note that every single one of the US Index ETFs that we track are back below their 50-day moving averages. You can see this in the “trading range” section of the snapshot below. The dot for each ETF represents where it’s currently trading, while the tail end represents where it was trading one week ago. Also note that every single US Index ETF is in “neutral” territory, meaning it’s neither overbought nor oversold.