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Index Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

HSBC SAUDI 20 SHARIAH INDEX NET TRUST (CME:HSBCS20N)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_HSBCS20N
Open High Low HSBCS20N Price Change
158.46 158.72 157.45 158.49 +0.03
Entry Signal

MarketClub’s Trade Triangles for HSBCS20N

long term up The long term trend has been UP since Jan 8th, 2018 at 156.01

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2018 at 156.07

short term down The short term trend has been DOWN since Feb 21st, 2018 at 158.41

Smart Scan Analysis for HSBCS20N

Based on a pre-defined weighted trend formula for chart analysis, HSBCS20N scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HSBCS20N
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
158.46 158.72 157.45 158.49 +0.03
Prev. Close Volume Bid Ask Time
158.46 0 2018-02-22 08:41:02
52wk High165.0752wk High Date2017-07-02
52wk Low143.4952wk Low Date2017-03-14
Want to analyze HSBC SAUDI 20 SHARIAH INDEX NET TRUST HSBCS20N or another symbol? Try our Free Index Trend Analysis Report.