Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

S&P Pan Asia BMI Semiconductors & Semiconductor Equipment (US Dollar) (CME:SPAU25)

Sidelines Mode (-50) - SPAU25 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPAU25 can gain momentum.

Is it time to buy, sell, or avoid SPAU25?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU25.

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

CME_SPAU25
Open High Low SPAU25 Price Change
357.53 360.31 356.30 358.22 +0.78
Entry Signal

MarketClub’s Trade Triangles for SPAU25

long term up The long-term trend has been UP since Nov 14th, 2023 at 286.38

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 370.25

short term down The short-term trend has been DOWN since May 2nd, 2024 at 352.29

Smart Scan Analysis for SPAU25

Based on our trend formula, SPAU25 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for SPAU25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
357.53 360.31 356.30 358.22 +0.78
Prev. Close Volume Bid Ask Time
357.50 0 2024-05-03 16:19:44
52wk High163.7352wk High Date2018-03-13
52wk Low109.352wk Low Date2018-10-26
Get a free daily analysis and signals for S&P Pan Asia BMI Semiconductors & Semiconductor Equipment (US Dollar) (SPAU25) - Request Your Free Report.