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Index Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

Silver Benchmark Index (CME:SGICSIB)

Long-Term Uptrend (+90) - SGICSIB is in a strong uptrend that is likely to continue. While SGICSIB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SGICSIB?

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

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

CME_SGICSIB
Open High Low SGICSIB Price Change
9371.10 9703.89 9163.71 9163.71 -229.90
Entry Signal

MarketClub’s Trade Triangles for SGICSIB

long term up The long-term trend has been UP since Apr 2nd, 2024 at 8431.28

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2024 at 7685.54

short term up The short-term trend has been UP since Mar 31st, 2024 at 8134.17

Smart Scan Analysis for SGICSIB

Based on our trend formula, SGICSIB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SGICSIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9371.10 9703.89 9163.71 9163.71 -229.90
Prev. Close Volume Bid Ask Time
9393.61 0 2024-04-12 13:44:48
52wk High7009.74652wk High Date2018-01-25
52wk Low5378.82152wk Low Date2018-11-14
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