Index Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
S&P/CSE Automobiles & Components Industry Group Index (CME:SPCSEAMP)
Strong Uptrend (+100) - SPCSEAMP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPCSEAMP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPCSEAMP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEAMP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSEAMP
The long-term trend has been UP since Dec 23rd, 2021 at 1272.12
The intermediate-term trend has been UP since Dec 17th, 2021 at 1176.94
The short-term trend has been UP since Jan 18th, 2022 at 1380.70
Smart Scan Analysis for SPCSEAMP
Based on our trend formula, SPCSEAMP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).