Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
SGI-Orbeo Carbon Credit Index (EUR - Total Return) (NEW VA) (CME:SGIXOCCT)
Countertrend Down (-85) - SGIXOCCT 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 SGIXOCCT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGIXOCCT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGIXOCCT
The long-term trend has been DOWN since Mar 16th, 2020 at 31.83
The intermediate-term trend has been DOWN since Mar 13th, 2020 at 32.88
The short-term trend has been UP since Mar 24th, 2020 at 26.65
Smart Scan Analysis for SGIXOCCT
Based on our trend formula, SGIXOCCT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||38.03||52wk High Date||2018-09-10|
|52wk Low||12.27||52wk Low Date||2017-12-14|