Index Trend Analysis Report
Prepared for you on Wednesday, October 21, 2020.
S&P/CSE Telecommunication Services Industry Group Index (CME:SPCSETIP)
Weak Downtrend (-65) - SPCSETIP is showing signs of a strengthening downtrend. Monitor SPCSETIP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPCSETIP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSETIP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCSETIP
The long-term trend has been UP since Jun 25th, 2020 at 887.34
The intermediate-term trend has been DOWN since Oct 5th, 2020 at 846.63
The short-term trend has been DOWN since Oct 21st, 2020 at 847.14
Smart Scan Analysis for SPCSETIP
Based on our trend formula, SPCSETIP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).