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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Countertrend Up (+85) - SPC30055 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 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
2485.41 2497.82 2475.55 2495.46 +10.36
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 down The short-term trend has been DOWN since Jul 25th, 2024 at 2474.67

Smart Scan Analysis for SPC30055

Based on our trend formula, SPC30055 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPC30055
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2485.41 2497.82 2475.55 2495.46 +10.36
Prev. Close Volume Bid Ask Time
2485.10 0 2024-07-26 04:31:20
52wk High1607.4352wk High Date2017-11-30
52wk Low1319.8252wk Low Date2018-10-19
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