Index Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
Weak Downtrend (-65) - SPTEST1 is showing signs of a strengthening downtrend. Monitor SPTEST1 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPTEST1?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPTEST1.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPTEST1
The long-term trend has been UP since Dec 1st, 2022 at 2172.04
The intermediate-term trend has been DOWN since Aug 7th, 2023 at 2364.81
The short-term trend has been DOWN since Sep 19th, 2023 at 2338.27
Smart Scan Analysis for SPTEST1
Based on our trend formula, SPTEST1 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).