Index Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
S&P Pan Asia BMI Energy (US Dollar) (CME:SPAU10)
Weak Downtrend (-65) - SPAU10 is showing signs of a strengthening downtrend. Monitor SPAU10 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPAU10?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU10.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPAU10
The long-term trend has been UP since Nov 23rd, 2020 at 318.34
The intermediate-term trend has been DOWN since Mar 18th, 2021 at 352.07
The short-term trend has been DOWN since Apr 20th, 2021 at 338.99
Smart Scan Analysis for SPAU10
Based on our trend formula, SPAU10 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||443.14||52wk High Date||2018-01-29|
|52wk Low||364.93||52wk Low Date||2018-11-26|