Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

S&P/CSE Consumer Staples Sector Index (CME:SPCSECTP)

Long-Term Uptrend (+90) - SPCSECTP is in a strong uptrend that is likely to continue. While SPCSECTP 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 SPCSECTP?

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

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

CME_SPCSECTP
Open High Low SPCSECTP Price Change
1343.21 1357.51 1341.28 1348.43 +6.20
Entry Signal

MarketClub’s Trade Triangles for SPCSECTP

long term up The long-term trend has been UP since Mar 4th, 2024 at 1214.28

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2024 at 1187.44

short term up The short-term trend has been UP since May 22nd, 2024 at 1353.76

Smart Scan Analysis for SPCSECTP

Based on our trend formula, SPCSECTP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPCSECTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1343.21 1357.51 1341.28 1348.43 +6.20
Prev. Close Volume Bid Ask Time
1348.43 0 2024-05-22 05:51:10
Get a free daily analysis and signals for S&P/CSE Consumer Staples Sector Index (SPCSECTP) - Request Your Free Report.