Index Trend Analysis Report
Prepared for you on Tuesday, November 29, 2022.
S&P China A 300 Industrials Index (CNY) (CME:SPC30020)
Sidelines Mode (-55) - SPC30020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPC30020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPC30020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPC30020
The long-term trend has been DOWN since Sep 15th, 2022 at 2622.60
The intermediate-term trend has been DOWN since Oct 31st, 2022 at 2458.21
The short-term trend has been UP since Nov 29th, 2022 at 2569.75
Smart Scan Analysis for SPC30020
Based on our trend formula, SPC30020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2649.07||52wk High Date||2018-01-26|
|52wk Low||1716.72||52wk Low Date||2018-10-19|