Index Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
Silver x5 Leveraged Index (CME:SGICSI5L)
Sidelines Mode (-55) - SGICSI5L 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 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 Feb 28th, 2020 at 17.9000
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 21.9590
The short-term trend has been UP since Apr 2nd, 2020 at 4.0784
Smart Scan Analysis for SGICSI5L
Based on our trend formula, SGICSI5L is rated as a -55 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|