Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P Pan Asia BMI Utilities Industry Group (US Dollar) (CME:SPAU30B)
Weak Downtrend (-65) - SPAU30B is showing signs of a strengthening downtrend. Monitor SPAU30B as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPAU30B?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU30B.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPAU30B
The long-term trend has been DOWN since Dec 2nd, 2019 at 138.20
The intermediate-term trend has been DOWN since May 18th, 2020 at 125.19
The short-term trend has been UP since May 29th, 2020 at 125.81
Smart Scan Analysis for SPAU30B
Based on our trend formula, SPAU30B is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||150.55||52wk High Date||2018-05-14|
|52wk Low||134.64||52wk Low Date||2018-10-26|