Index Trend Analysis Report
Prepared for you on Tuesday, July 14, 2020.
S&P / Harel Consumer Goods Index (CME:SPHLCGIP)
Bull Market Weakness (+75) - SPHLCGIP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPHLCGIP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPHLCGIP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPHLCGIP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPHLCGIP
The long-term trend has been DOWN since Mar 3rd, 2020 at 1581.34
The intermediate-term trend has been UP since Jul 13th, 2020 at 1501.47
The short-term trend has been UP since Jul 1st, 2020 at 1441.14
Smart Scan Analysis for SPHLCGIP
Based on our trend formula, SPHLCGIP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1693.01||52wk High Date||2018-01-28|
|52wk Low||1456.15||52wk Low Date||2018-08-02|