Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

S&P Global Clean Energy Index (CME:SPGTCLEN)

Countertrend Up (+85) - SPGTCLEN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SPGTCLEN?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGTCLEN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPGTCLEN
Open High Low SPGTCLEN Price Change
1284.00 1301.48 1279.54 1287.91 +5.45
Entry Signal

MarketClub’s Trade Triangles for SPGTCLEN

long term up The long-term trend has been UP since Jul 2nd, 2020 at 820.57

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2020 at 1097.58

short term down The short-term trend has been DOWN since Oct 21st, 2020 at 1322.45

Smart Scan Analysis for SPGTCLEN

Based on our trend formula, SPGTCLEN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPGTCLEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1284.00 1301.48 1279.54 1287.91 +5.45
Prev. Close Volume Bid Ask Time
1078.95 0 2020-10-23 16:19:50
52wk High640.3852wk High Date2018-05-22
52wk Low501.8852wk Low Date2018-10-30
Get a free daily analysis and signals for S&P Global Clean Energy Index (SPGTCLEN) - Request Your Free Report.