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Index Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

HSBC SAUDI 20 SHARIAH INDEX (CME:HSBCS20P)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_HSBCS20P
Open High Low HSBCS20P Price Change
124.16 124.43 123.59 124.32 +0.16
Entry Signal

MarketClub’s Trade Triangles for HSBCS20P

long term up The long term trend has been UP since Dec 17th, 2018 at 119.40

intermediate term up The intermediate term trend has been UP since Jan 14th, 2019 at 120.20

short term up The short term trend has been UP since Feb 13th, 2019 at 123.64

Smart Scan Analysis for HSBCS20P

Based on a pre-defined weighted trend formula for chart analysis, HSBCS20P scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for HSBCS20P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
124.16 124.43 123.59 124.32 +0.16
Prev. Close Volume Bid Ask Time
122.75 0 2019-02-14 12:56:57
52wk High125.1152wk High Date2018-06-04
52wk Low102.9652wk Low Date2018-10-14
Want to analyze HSBC SAUDI 20 SHARIAH INDEX HSBCS20P or another symbol? Try our Free Index Trend Analysis Report.