Index Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
S&P Global Clean Energy Index (CME:SPGTCLEN)
Sidelines Mode (-55) - SPGTCLEN 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 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 DOWN since Mar 5th, 2021 at 1448.69
The intermediate-term trend has been DOWN since Feb 17th, 2021 at 1887.86
The short-term trend has been UP since Apr 22nd, 2021 at 1517.93
Smart Scan Analysis for SPGTCLEN
Based on our trend formula, SPGTCLEN is rated as a -55 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|