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Index Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
S&P/Citigroup BMI World Marine Index (CME:SPCBMIRWD20303010USD)
Sidelines Mode (-55) - SPCBMIRWD20303010USD 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 SPCBMIRWD20303010USD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCBMIRWD20303010USD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPCBMIRWD20303010USD
The long-term trend has been DOWN since Aug 5th, 2024 at 247.84
The intermediate-term trend has been UP since Nov 19th, 2024 at 271.23
The short-term trend has been DOWN since Nov 21st, 2024 at 268.41
Smart Scan Analysis for SPCBMIRWD20303010USD
Based on our trend formula, SPCBMIRWD20303010USD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 265.97 | 266.37 | 264.59 | 266.06 | -0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 266.13 | 0 | 2024-11-22 16:19:50 |