Index Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
S&P/CSE Automobiles & Components Industry Group Index (CME:SPCSEAMP)
Strong Downtrend (-100) - SPCSEAMP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Feb 2nd, 2021 at 1032.17
The intermediate-term trend has been DOWN since Jan 29th, 2021 at 1246.65
The short-term trend has been DOWN since Jan 26th, 2021 at 1394.10
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).