Index Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
S&P China A Share Dividend Opportunities Index (CHINESE RENMINBI) (CME:CSPSADRP)
Bear Market Rally (-75) - CSPSADRP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CSPSADRP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CSPSADRP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CSPSADRP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CSPSADRP
The long-term trend has been DOWN since Mar 19th, 2020 at 7589.96
The intermediate-term trend has been DOWN since May 22nd, 2020 at 7716.14
The short-term trend has been UP since May 27th, 2020 at 7801.90
Smart Scan Analysis for CSPSADRP
Based on our trend formula, CSPSADRP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).