Index Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
Silver x5 Leveraged Index (CME:SGICSI5L)
Countertrend Down (-85) - SGICSI5L is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SGICSI5L?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGICSI5L.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGICSI5L
The long-term trend has been DOWN since Apr 28th, 2022 at 1.5802
The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 2.0831
The short-term trend has been UP since May 19th, 2022 at 1.1968
Smart Scan Analysis for SGICSI5L
Based on our trend formula, SGICSI5L is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||64.87||52wk High Date||2018-01-25|
|52wk Low||13.3439||52wk Low Date||2018-11-14|