Index Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
S&P Pan Asia BMI Food & Staples Retailing (US Dollar) (CME:SPAU12)
Weak Downtrend (-65) - SPAU12 is showing signs of a strengthening downtrend. Monitor SPAU12 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPAU12?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU12.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPAU12
The long-term trend has been DOWN since Nov 24th, 2021 at 122.88
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 114.85
The short-term trend has been UP since Jun 22nd, 2022 at 99.27
Smart Scan Analysis for SPAU12
Based on our trend formula, SPAU12 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||118.01||52wk High Date||2018-06-12|
|52wk Low||104.27||52wk Low Date||2018-02-06|