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Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
S&P/CSE Materials Industry Group Index (CME:SPCSEMIP)
Strong Uptrend (+100) - SPCSEMIP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPCSEMIP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPCSEMIP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEMIP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPCSEMIP
The long-term trend has been UP since Mar 1st, 2024 at 1431.45
The intermediate-term trend has been UP since Feb 6th, 2024 at 1391.48
The short-term trend has been UP since Apr 24th, 2024 at 1589.46
Smart Scan Analysis for SPCSEMIP
Based on our trend formula, SPCSEMIP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1675.53 | 1688.96 | 1665.64 | 1682.41 | +11.94 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1682.41 | 0 | 2024-05-03 05:40:23 |