Index Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
Silver x5 Short Index (CME:SGICSI5S)
Bull Market Weakness (+75) - SGICSI5S is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGICSI5S as it may be in the beginning stages of a reversal.
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 Jan 3rd, 2020 at 214.50
The intermediate-term trend has been UP since Feb 28th, 2020 at 255.04
The short-term trend has been UP since Feb 25th, 2020 at 203.87
Smart Scan Analysis for SGICSI5S
Based on our trend formula, SGICSI5S is rated as a +70 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|