Index Trend Analysis Report
Prepared for you on Thursday, September 23, 2021.
Morningstar Consumer Cyclical Sector (CME:MCCS)
Crossroads (-60) - MCCS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MCCS?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCCS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCCS
The long-term trend has been UP since Apr 6th, 2021 at 16260.05
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 16767.83
The short-term trend has been DOWN since Sep 20th, 2021 at 16767.83
Smart Scan Analysis for MCCS
Based on our trend formula, MCCS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).