Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
S&P BMI Emerging Markets High Beta Index (CME:SPEMHBI)
Sidelines Mode (-55) - SPEMHBI 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 SPEMHBI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPEMHBI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPEMHBI
The long-term trend has been DOWN since Jul 27th, 2021 at 2041.46
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 1538.23
The short-term trend has been UP since May 27th, 2022 at 1414.76
Smart Scan Analysis for SPEMHBI
Based on our trend formula, SPEMHBI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1743.27||52wk High Date||2018-01-29|
|52wk Low||1157.31||52wk Low Date||2018-10-30|