Index Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
S&P North American Technology Sector Index (CME:SPGSTI)
Sidelines Mode (-55) - SPGSTI 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 SPGSTI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSTI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSTI
The long-term trend has been DOWN since Oct 4th, 2021 at 1626.34
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 1717.79
The short-term trend has been UP since Oct 14th, 2021 at 1678.29
Smart Scan Analysis for SPGSTI
Based on our trend formula, SPGSTI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||863.15||52wk High Date||2018-10-01|
|52wk Low||666.59||52wk Low Date||2017-12-05|