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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P Pan Asia BMI Pharmaceuticals, Biotechnology & Life Sciences (US Dollar) (CME:SPAU22)

Bear Market Rally (-75) - SPAU22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPAU22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SPAU22?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPAU22
Open High Low SPAU22 Price Change
270.91 271.39 270.78 271.32 +0.21
Entry Signal

MarketClub’s Trade Triangles for SPAU22

long term down The long-term trend has been DOWN since Nov 22nd, 2024 at 273.80

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2024 at 299.86

short term up The short-term trend has been UP since Dec 24th, 2024 at 271.91

Smart Scan Analysis for SPAU22

Based on our trend formula, SPAU22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPAU22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
270.91 271.39 270.78 271.32 +0.21
Prev. Close Volume Bid Ask Time
271.11 0 2024-12-26 06:46:04
52wk High330.4152wk High Date2018-09-27
52wk Low269.9152wk Low Date2017-12-08
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