Analyze Symbol

Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

SGI Pan Africa Index (Net TR) (CME:SGIXPA)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SGIXPA
Open High Low SGIXPA Price Change
76.33 76.46 75.83 76.02 +0.12
Entry Signal

MarketClub’s Trade Triangles for SGIXPA

long term down The long term trend has been DOWN since May 15th, 2019 at 76.45

intermediate term down The intermediate term trend has been DOWN since Nov 13th, 2019 at 77.97

short term up The short term trend has been UP since Dec 4th, 2019 at 76.47

Smart Scan Analysis for SGIXPA

Based on a pre-defined weighted trend formula for chart analysis, SGIXPA scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SGIXPA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.33 76.46 75.83 76.02 +0.12
Prev. Close Volume Bid Ask Time
75.90 0 2019-12-06 16:20:00
52wk High93.7552wk High Date2018-01-25
52wk Low68.852wk Low Date2018-10-30
Want to analyze SGI Pan Africa Index (Net TR) SGIXPA or another symbol? Try our Free Index Trend Analysis Report.