Future Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
SPIKES VOLATILITY INDEX APRIL 2021 (MGEX:@SPK.J21)
Long-Term Downtrend (-90) - @SPK.J21 is in a strong downtrend that is likely to continue. While @SPK.J21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @SPK.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SPK.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SPK.J21
The long-term trend has been DOWN since Mar 1st, 2021 at 26.55
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 26.85
The short-term trend has been DOWN since Mar 22nd, 2021 at 23.00
Smart Scan Analysis for @SPK.J21
Based on our trend formula, @SPK.J21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.65||52wk High Date||2021-02-25|
|52wk Low||16.95||52wk Low Date||2021-04-16|