Index Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
S&P EUROPE 350 - Telecommunication Services (Sector ) (CME:SPE350-50)
Bull Market Weakness (+75) - SPE350-50 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPE350-50 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPE350-50?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPE350-50.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPE350-50
The long-term trend has been DOWN since Dec 4th, 2019 at 983.68
The intermediate-term trend has been UP since Feb 14th, 2020 at 1007.76
The short-term trend has been UP since Feb 5th, 2020 at 987.22
Smart Scan Analysis for SPE350-50
Based on our trend formula, SPE350-50 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1207.51||52wk High Date||2017-12-08|
|52wk Low||958.56||52wk Low Date||2018-10-26|