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Index Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

HSBC Saudi 20 Shariah Index (CME:HSBCS20P)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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
128.16 128.16 127.48 127.53 -0.63
Entry Signal

MarketClub’s Trade Triangles for HSBCS20P

long term down The long term trend has been DOWN since May 13th, 2019 at 121.24

intermediate term up The intermediate term trend has been UP since Jul 15th, 2019 at 126.16

short term up The short term trend has been UP since Jul 10th, 2019 at 125.16

Smart Scan Analysis for HSBCS20P

Based on a pre-defined weighted trend formula for chart analysis, HSBCS20P scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for HSBCS20P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
128.16 128.16 127.48 127.53 -0.63
Prev. Close Volume Bid Ask Time
120.44 0 2019-07-18 13:12:00
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.