Index Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
WOWAX Shariah Index (CME:SGIXWOS)
Strong Downtrend (-100) - SGIXWOS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SGIXWOS continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SGIXWOS?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGIXWOS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGIXWOS
The long-term trend has been DOWN since Sep 13th, 2023 at 3780.66
The intermediate-term trend has been DOWN since Sep 12th, 2023 at 3815.95
The short-term trend has been DOWN since Aug 3rd, 2023 at 4149.84
Smart Scan Analysis for SGIXWOS
Based on our trend formula, SGIXWOS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3180.43||52wk High Date||2018-01-26|
|52wk Low||2551.09||52wk Low Date||2018-10-29|