Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
S&P China A 300 Telecommunication Services Index (CNY) (CME:SPC30050)
Bull Market Weakness (+75) - SPC30050 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPC30050 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPC30050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPC30050.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPC30050
The long-term trend has been DOWN since Feb 3rd, 2020 at 1492.25
The intermediate-term trend has been UP since Apr 16th, 2020 at 1553.93
The short-term trend has been UP since May 26th, 2020 at 1627.48
Smart Scan Analysis for SPC30050
Based on our trend formula, SPC30050 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2296.45||52wk High Date||2017-12-04|
|52wk Low||1361.38||52wk Low Date||2018-10-19|