Analyze Symbol
Index Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
S&P/CSE Materials Industry Group Index (CME:SPCSEMIP)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for SPCSEMIP
The long term trend has been DOWN since Aug 28th, 2019 at 437.38
The intermediate term trend has been DOWN since Aug 28th, 2019 at 535.13
The short term trend has been UP since Sep 9th, 2019 at 557.73
Smart Scan Analysis for SPCSEMIP
Based on a pre-defined weighted trend formula for chart analysis, SPCSEMIP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 559.21 | 559.21 | 555.15 | 559.21 | +3.49 |
| Prev. Close | Volume | Bid | Ask | Time |
| 451.34 | 0 | 2019-09-12 05:30:03 |