Index Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
S&P Qatar LargeMidCap Index NTR (CME:SPGQADLMN)
Weak Downtrend (-65) - SPGQADLMN is showing signs of a strengthening downtrend. Monitor SPGQADLMN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPGQADLMN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGQADLMN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGQADLMN
The long-term trend has been UP since Jun 8th, 2020 at 297.85
The intermediate-term trend has been DOWN since Sep 7th, 2020 at 302.23
The short-term trend has been DOWN since Sep 21st, 2020 at 303.72
Smart Scan Analysis for SPGQADLMN
Based on our trend formula, SPGQADLMN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).