Analyze Symbol

Index Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

SILVER BENCHMARK INDEX (CME:SGICSIB)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_SGICSIB
Open High Low SGICSIB Price Change
5667.720 5718.152 5656.082 5681.298 +17.457
Entry Signal

MarketClub’s Trade Triangles for SGICSIB

long term down The long term trend has been DOWN since May 1st, 2018 at 6367.955

intermediate term up The intermediate term trend has been UP since Sep 28th, 2018 at 5644.444

short term down The short term trend has been DOWN since Oct 19th, 2018 at 5659.962

Smart Scan Analysis for SGICSIB

Based on a pre-defined weighted trend formula for chart analysis, SGICSIB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SGICSIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5667.720 5718.152 5656.082 5681.298 +17.457
Prev. Close Volume Bid Ask Time
5663.841 0 2018-10-19 14:29:18
52wk High7009.74652wk High Date2018-01-25
52wk Low5417.50352wk Low Date2018-09-11
Want to analyze SILVER BENCHMARK INDEX SGICSIB or another symbol? Try our Free Index Trend Analysis Report.