Index Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
S&P/CSE Health Care Equipment & Services Industry Group Index (CME:SPCSEHSP)
Long-Term Uptrend (+90) - SPCSEHSP is in a strong uptrend that is likely to continue. While SPCSEHSP 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 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 UP since Aug 31st, 2023 at 1256.22
The intermediate-term trend has been UP since Aug 31st, 2023 at 1254.63
The short-term trend has been UP since Sep 15th, 2023 at 1283.91
Smart Scan Analysis for SPCSEHSP
Based on our trend formula, SPCSEHSP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).