Index Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
S&P/CSE Banks Industry Group Index (CME:SPCSEBP)
Long-Term Uptrend (+90) - SPCSEBP is in a strong uptrend that is likely to continue. While SPCSEBP 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 SPCSEBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEBP.
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 SPCSEBP
The long-term trend has been UP since Jan 23rd, 2023 at 432.82
The intermediate-term trend has been UP since Mar 12th, 2024 at 787.77
The short-term trend has been UP since Mar 5th, 2024 at 768.95
Smart Scan Analysis for SPCSEBP
Based on our trend formula, SPCSEBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
808.61 | 809.14 | 801.43 | 802.99 | -4.97 |
Prev. Close | Volume | Bid | Ask | Time |
807.96 | 0 | 2024-03-19 05:38:48 |