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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

S&P China A 300 Utilities Index (CNY) (CME:SPC30055)

Long-Term Uptrend (+90) - SPC30055 is in a strong uptrend that is likely to continue. While SPC30055 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SPC30055?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPC30055.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPC30055
Open High Low SPC30055 Price Change
2242.52 2247.54 2228.31 2231.06 -12.47
Entry Signal

MarketClub’s Trade Triangles for SPC30055

long term up The long-term trend has been UP since Dec 25th, 2023 at 1893.64

intermediate term up The intermediate-term trend has been UP since Jan 24th, 2024 at 1956.23

short term up The short-term trend has been UP since May 19th, 2024 at 2191.79

Smart Scan Analysis for SPC30055

Based on our trend formula, SPC30055 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPC30055
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2242.52 2247.54 2228.31 2231.06 -12.47
Prev. Close Volume Bid Ask Time
2243.53 0 2024-05-24 03:49:03
52wk High1607.4352wk High Date2017-11-30
52wk Low1319.8252wk Low Date2018-10-19
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