Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
S&P Pan Asia BMI Consumer Discretionary (US Dollar) (CME:SPAU5)
Countertrend Up (+85) - SPAU5 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPAU5?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPAU5.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPAU5
The long-term trend has been UP since Jan 11th, 2024 at 127.61
The intermediate-term trend has been UP since May 2nd, 2024 at 136.19
The short-term trend has been DOWN since May 7th, 2024 at 135.57
Smart Scan Analysis for SPAU5
Based on our trend formula, SPAU5 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 134.03 | 134.51 | 133.30 | 134.13 | +0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 134.04 | 0 | 2024-05-08 22:36:24 |
| 52wk High | 150.08 | 52wk High Date | 2018-01-24 |
| 52wk Low | 112.05 | 52wk Low Date | 2018-10-30 |