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Index Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
S&P/CSE Transportation Industry Group Index (CME:SPCSETP)
Sidelines Mode (+50) - SPCSETP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPCSETP can gain momentum.
Is it time to buy, sell, or avoid SPCSETP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSETP.
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 SPCSETP
The long-term trend has been DOWN since Mar 9th, 2022 at 39394.90
The intermediate-term trend has been UP since Apr 28th, 2022 at 29853.87
The short-term trend has been UP since May 12th, 2022 at 27844.67
Smart Scan Analysis for SPCSETP
Based on our trend formula, SPCSETP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38082.73 | 40329.44 | 38082.73 | 39996.13 | +3411.47 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36584.66 | 0 | 2022-05-23 03:29:53 |