Skip to contentorange: downtrend
A consistent decline in an ETF’s price over time, signaling a bearish market outlook. It’s identified by lower lows and lower highs on the price chart.
yellow: sideways
A price movement of an ETF within a defined range without a clear upward or downward bias. It’s often characterized by periods of consolidation before a potential breakout.
GREEN: BREAKOUT
A sharp and rapid movement of an ETF’s price beyond a previous resistance or support level, signaling a potential new trend. It can be either upward (bullish breakout) or downward (bearish breakout).
BLUE: UPTREND
A sustained increase in an ETF’s price over a specific period, indicating a bullish market sentiment. It’s characterized by higher highs and higher lows on the price chart.