Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

S&P/CSE Capital Goods Industry Group Index (CME:SPCSECGP)

Weak Downtrend (-65) - SPCSECGP is showing signs of a strengthening downtrend. Monitor SPCSECGP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SPCSECGP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSECGP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPCSECGP
Open High Low SPCSECGP Price Change
1615.86 1617.93 1595.81 1598.37 -3.87
Entry Signal

MarketClub’s Trade Triangles for SPCSECGP

long term up The long-term trend has been UP since Mar 4th, 2024 at 1529.16

intermediate term down The intermediate-term trend has been DOWN since Jun 3rd, 2024 at 1666.24

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 1598.33

Smart Scan Analysis for SPCSECGP

Based on our trend formula, SPCSECGP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPCSECGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1615.86 1617.93 1595.81 1598.37 -3.87
Prev. Close Volume Bid Ask Time
1602.24 0 2024-07-18 05:29:48
Get a free daily analysis and signals for S&P/CSE Capital Goods Industry Group Index (SPCSECGP) - Request Your Free Report.