Index Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
S&P PAN ASIA BMI TELECOM SERVICES (CME:SPAU28B)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for SPAU28B
The long term trend has been DOWN since Feb 5th, 2018 at 71.62
The intermediate term trend has been UP since Jul 9th, 2018 at 68.67
The short term trend has been UP since Jul 3rd, 2018 at 66.74
Smart Scan Analysis for SPAU28B
Based on a pre-defined weighted trend formula for chart analysis, SPAU28B scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||75.58||52wk High Date||2018-01-29|
|52wk Low||65.52||52wk Low Date||2018-07-03|