Index Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
S&P Global Clean Energy Index (CME:SPGTCLEN)
Bull Market Weakness (+75) - SPGTCLEN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGTCLEN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPGTCLEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGTCLEN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGTCLEN
The long-term trend has been DOWN since Mar 11th, 2020 at 697.13
The intermediate-term trend has been UP since Apr 7th, 2020 at 652.81
The short-term trend has been UP since Apr 6th, 2020 at 615.77
Smart Scan Analysis for SPGTCLEN
Based on our trend formula, SPGTCLEN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||640.38||52wk High Date||2018-05-22|
|52wk Low||501.88||52wk Low Date||2018-10-30|