Index Trend Analysis Report
Prepared for you on Thursday, October 6, 2022.
S&P/CSE Health Care Equipment & Services Industry Group Index (CME:SPCSEHSP)
Crossroads (+60) - SPCSEHSP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPCSEHSP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEHSP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSEHSP
The long-term trend has been DOWN since Mar 30th, 2022 at 1347.18
The intermediate-term trend has been UP since Oct 3rd, 2022 at 1320.81
The short-term trend has been UP since Oct 3rd, 2022 at 1271.23
Smart Scan Analysis for SPCSEHSP
Based on our trend formula, SPCSEHSP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).