Index Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
S&P / Harel Consumer Goods Index (CME:SPHLCGIP)
Crossroads (+60) - SPHLCGIP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Aug 28th, 2023 at 1671.60
The intermediate-term trend has been UP since Nov 22nd, 2023 at 1503.54
The short-term trend has been UP since Nov 16th, 2023 at 1478.51
Smart Scan Analysis for SPHLCGIP
Based on our trend formula, SPHLCGIP is rated as a +60 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|