Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, September 24, 2022.

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

Long-Term Downtrend (-90) - SPAU22 is in a strong downtrend that is likely to continue. While SPAU22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
253.69 253.97 251.05 251.30 -3.83
Entry Signal

MarketClub’s Trade Triangles for SPAU22

long term down The long-term trend has been DOWN since Sep 19th, 2022 at 263.99

intermediate term down The intermediate-term trend has been DOWN since Aug 23rd, 2022 at 280.95

short term down The short-term trend has been DOWN since Sep 13th, 2022 at 272.65

Smart Scan Analysis for SPAU22

Based on our trend formula, SPAU22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPAU22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
253.69 253.97 251.05 251.30 -3.83
Prev. Close Volume Bid Ask Time
251.71 0 2022-09-23 16:20:04
52wk High330.4152wk High Date2018-09-27
52wk Low269.9152wk Low Date2017-12-08
Get a free daily analysis and signals for S&P Pan Asia BMI Pharmaceuticals, Biotechnology & Life Sciences (US Dollar) (SPAU22) - Request Your Free Report.