Index Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
S&P/CSE Consumer Staples Sector Index (CME:SPCSECTP)
Weak Downtrend (-65) - SPCSECTP is showing signs of a strengthening downtrend. Monitor SPCSECTP as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for SPCSECTP
The long-term trend has been UP since Aug 20th, 2020 at 782.68
The intermediate-term trend has been DOWN since Jan 27th, 2022 at 1258.07
The short-term trend has been DOWN since Jan 27th, 2022 at 1293.88
Smart Scan Analysis for SPCSECTP
Based on our trend formula, SPCSECTP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).