Index Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
S&P/CSE Health Care Equipment & Services Industry Group Index (CME:SPCSEHSP)
Weak Downtrend (-65) - SPCSEHSP is showing signs of a strengthening downtrend. Monitor SPCSEHSP as it may be building momentum to the downside.
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 4th, 2020 at 772.79
The intermediate-term trend has been DOWN since Jan 18th, 2021 at 1245.38
The short-term trend has been DOWN since Jan 7th, 2021 at 1274.18
Smart Scan Analysis for SPCSEHSP
Based on our trend formula, SPCSEHSP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).