Index Trend Analysis Report
Prepared for you on Wednesday, October 21, 2020.
SGI Global Generics Index (EURO) (Net TR) (CME:SGIXGG)
Weak Downtrend (-65) - SGIXGG is showing signs of a strengthening downtrend. Monitor SGIXGG as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SGIXGG?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGIXGG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGIXGG
The long-term trend has been DOWN since Sep 23rd, 2020 at 204.65
The intermediate-term trend has been UP since Oct 12th, 2020 at 213.18
The short-term trend has been DOWN since Oct 14th, 2020 at 211.16
Smart Scan Analysis for SGIXGG
Based on our trend formula, SGIXGG is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||284.58||52wk High Date||2018-01-12|
|52wk Low||222.24||52wk Low Date||2017-12-07|