Index Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
S&P Europe 350 Shariah Index (CME:SPE350SH)
Sidelines Mode (+55) - SPE350SH 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 SPE350SH?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPE350SH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPE350SH
The long-term trend has been DOWN since Jan 24th, 2022 at 2003.67
The intermediate-term trend has been UP since Jul 7th, 2022 at 1845.01
The short-term trend has been DOWN since Aug 18th, 2022 at 1954.01
Smart Scan Analysis for SPE350SH
Based on our trend formula, SPE350SH is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1476.51||52wk High Date||2018-08-10|
|52wk Low||1304.35||52wk Low Date||2018-03-26|