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Index Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
S&P/CSE Materials Sector Index (CME:SPCSEMP)
Long-Term Uptrend (+90) - SPCSEMP is in a strong uptrend that is likely to continue. While SPCSEMP 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 SPCSEMP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEMP.
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 SPCSEMP
The long-term trend has been UP since Oct 14th, 2024 at 1705.16
The intermediate-term trend has been UP since Sep 23rd, 2024 at 1552.37
The short-term trend has been UP since Oct 24th, 2024 at 1711.29
Smart Scan Analysis for SPCSEMP
Based on our trend formula, SPCSEMP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1719.41 | 1725.92 | 1716.10 | 1718.67 | +3.36 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1718.67 | 0 | 2024-10-25 05:44:55 |