Index Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
S&P EUROPE 350 - Financials (Sector ) (CME:SPE350-40)
Sidelines Mode (-55) - SPE350-40 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 SPE350-40?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPE350-40.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPE350-40
The long-term trend has been DOWN since Mar 1st, 2022 at 731.41
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 734.56
The short-term trend has been UP since May 13th, 2022 at 695.57
Smart Scan Analysis for SPE350-40
Based on our trend formula, SPE350-40 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||893.8||52wk High Date||2018-01-24|
|52wk Low||671.27||52wk Low Date||2018-10-26|