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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P Africa 40 Index (CME:SPAFRUP)

Weak Uptrend (+65) - SPAFRUP is showing signs of weakening momentum to the upside. Monitor SPAFRUP as it may be in the beginning stages of a reversal.

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.

CME_SPAFRUP
Open High Low SPAFRUP Price Change
163.23 164.75 163.17 164.37 +1.14
Entry Signal

MarketClub’s Trade Triangles for SPAFRUP

long term up The long-term trend has been UP since Dec 20th, 2023 at 150.82

intermediate term up The intermediate-term trend has been UP since Jul 3rd, 2024 at 163.35

short term down The short-term trend has been DOWN since Jul 16th, 2024 at 170.30

Smart Scan Analysis for SPAFRUP

Based on our trend formula, SPAFRUP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SPAFRUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
163.23 164.75 163.17 164.37 +1.14
Prev. Close Volume Bid Ask Time
163.23 0 2024-07-26 17:43:35
52wk High222.9852wk High Date2018-01-25
52wk Low158.4252wk Low Date2018-11-14
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