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Index Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

SGI Pan Africa Index (EURO) (Net TR) (CME:SGIXPAE)

Sidelines Mode (-55) - SGIXPAE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

CME_SGIXPAE
Open High Low SGIXPAE Price Change
117.67 117.70 115.06 115.40 -1.70
Entry Signal

MarketClub’s Trade Triangles for SGIXPAE

long term down The long-term trend has been DOWN since May 6th, 2022 at 120.53

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2022 at 112.67

short term down The short-term trend has been DOWN since Aug 18th, 2022 at 115.72

Smart Scan Analysis for SGIXPAE

Based on our trend formula, SGIXPAE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SGIXPAE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
117.67 117.70 115.06 115.40 -1.70
Prev. Close Volume Bid Ask Time
117.10 0 2022-08-19 16:20:00
52wk High120.3852wk High Date2018-05-16
52wk Low95.8352wk Low Date2018-10-30
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