Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
S&P China A 300 Financials Index (CNY) (CME:SPC30040)
Strong Downtrend (-100) - SPC30040 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPC30040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPC30040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPC30040
The long-term trend has been DOWN since Apr 15th, 2021 at 5832.94
The intermediate-term trend has been DOWN since Nov 2nd, 2021 at 5384.29
The short-term trend has been DOWN since Nov 18th, 2021 at 5346.04
Smart Scan Analysis for SPC30040
Based on our trend formula, SPC30040 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6132.78||52wk High Date||2018-01-24|
|52wk Low||4299.25||52wk Low Date||2018-07-03|