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Index Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

S&P South Africa Dividend Aristocrats ZAR (CME:SPSADAZP)

Sidelines Mode (-55) - SPSADAZP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPSADAZP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPSADAZP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPSADAZP
Open High Low SPSADAZP Price Change
2017.54 2019.36 1979.01 1985.00 -33.51
Entry Signal

MarketClub’s Trade Triangles for SPSADAZP

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 2501.41

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2020 at 1943.75

short term up The short-term trend has been UP since May 27th, 2020 at 1983.79

Smart Scan Analysis for SPSADAZP

Based on our trend formula, SPSADAZP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPSADAZP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2017.54 2019.36 1979.01 1985.00 -33.51
Prev. Close Volume Bid Ask Time
1816.97 0 2020-05-29 11:59:29
52wk High3267.1552wk High Date2018-03-06
52wk Low2514.2552wk Low Date2018-10-25
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