Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
S&P Africa 40 Index (CME:SPAFRUP)
Strong Uptrend (+100) - SPAFRUP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPAFRUP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPAFRUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPAFRUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPAFRUP
The long-term trend has been UP since Jun 8th, 2020 at 149.53
The intermediate-term trend has been UP since Apr 7th, 2020 at 112.38
The short-term trend has been UP since Aug 5th, 2020 at 161.48
Smart Scan Analysis for SPAFRUP
Based on our trend formula, SPAFRUP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||222.98||52wk High Date||2018-01-25|
|52wk Low||158.42||52wk Low Date||2018-11-14|