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Index Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

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

Crossroads (+60) - SPAU22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
268.90 269.79 268.56 269.47 +0.62
Entry Signal

MarketClub’s Trade Triangles for SPAU22

long term down The long-term trend has been DOWN since Apr 14th, 2024 at 259.08

intermediate term up The intermediate-term trend has been UP since May 2nd, 2024 at 265.87

short term up The short-term trend has been UP since May 13th, 2024 at 267.89

Smart Scan Analysis for SPAU22

Based on our trend formula, SPAU22 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPAU22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
268.90 269.79 268.56 269.47 +0.62
Prev. Close Volume Bid Ask Time
269.58 0 2024-05-17 16:19:34
52wk High330.4152wk High Date2018-09-27
52wk Low269.9152wk Low Date2017-12-08
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