Index Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
S&P EUROPE 350 - Consumer Staples (Sector ) (CME:SPE350-30)
Sidelines Mode (-55) - SPE350-30 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPE350-30?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPE350-30.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPE350-30
The long-term trend has been DOWN since Sep 20th, 2021 at 3686.76
The intermediate-term trend has been DOWN since Aug 26th, 2021 at 3752.54
The short-term trend has been UP since Oct 13th, 2021 at 3680.30
Smart Scan Analysis for SPE350-30
Based on our trend formula, SPE350-30 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3450.29||52wk High Date||2017-12-06|
|52wk Low||3017.36||52wk Low Date||2018-03-27|