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.
MarketClub’s Trade Triangles for SPGTCLEN
The long-term trend has been UP since Jul 2nd, 2020 at 820.57
The intermediate-term trend has been UP since Sep 28th, 2020 at 1097.58
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).
|52wk High||640.38||52wk High Date||2018-05-22|
|52wk Low||501.88||52wk Low Date||2018-10-30|