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Index Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
Silver Benchmark Index (CME:SGICSIB)
Strong Uptrend (+100) - SGICSIB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGICSIB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SGICSIB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGICSIB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SGICSIB
The long-term trend has been UP since Apr 2nd, 2024 at 8431.28
The intermediate-term trend has been UP since May 15th, 2024 at 9365.64
The short-term trend has been UP since May 5th, 2024 at 8710.35
Smart Scan Analysis for SGICSIB
Based on our trend formula, SGICSIB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9562.42 | 10065.62 | 9557.59 | 10057.58 | +485.52 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10050.83 | 0 | 2024-05-17 13:45:03 |
| 52wk High | 7009.746 | 52wk High Date | 2018-01-25 |
| 52wk Low | 5378.821 | 52wk Low Date | 2018-11-14 |