Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
SGI Pan Africa Index (EURO) (Net TR) (CME:SGIXPAE)
Crossroads (+60) - SGIXPAE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SGIXPAE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGIXPAE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGIXPAE
The long-term trend has been DOWN since Dec 2nd, 2019 at 108.74
The intermediate-term trend has been UP since Apr 9th, 2020 at 80.87
The short-term trend has been UP since May 25th, 2020 at 95.50
Smart Scan Analysis for SGIXPAE
Based on our trend formula, SGIXPAE is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||120.38||52wk High Date||2018-05-16|
|52wk Low||95.83||52wk Low Date||2018-10-30|