Index Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
Silver x5 Short Index (CME:SGICSI5S)
Strong Downtrend (-100) - SGICSI5S is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SGICSI5S?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGICSI5S.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGICSI5S
The long-term trend has been DOWN since Apr 9th, 2020 at 166.6700
The intermediate-term trend has been DOWN since Apr 15th, 2021 at 0.8976
The short-term trend has been DOWN since May 3rd, 2021 at 0.7444
Smart Scan Analysis for SGICSI5S
Based on our trend formula, SGICSI5S is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1338.125||52wk High Date||2018-09-11|
|52wk Low||480.43||52wk Low Date||2018-06-14|