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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

SGI US Value Index (CME:SGEPVBU)

Sidelines Mode (-55) - SGEPVBU 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 SGEPVBU?

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

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

CME_SGEPVBU
Open High Low SGEPVBU Price Change
6110.29 6110.92 6077.00 6091.77 -18.59
Entry Signal

MarketClub’s Trade Triangles for SGEPVBU

long term up The long-term trend has been UP since Dec 1st, 2023 at 5465.41

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 6071.20

short term up The short-term trend has been UP since Apr 19th, 2024 at 6023.45

Smart Scan Analysis for SGEPVBU

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

-55
Smart Scan Analysis for SGEPVBU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6110.29 6110.92 6077.00 6091.77 -18.59
Prev. Close Volume Bid Ask Time
6110.36 0 2024-04-24 10:52:15
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