Index Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
S&P Japan 500 Buyback Index Net TR (CME:SPJBJN)
Crossroads (-60) - SPJBJN 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 SPJBJN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPJBJN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPJBJN
The long-term trend has been UP since Jun 1st, 2020 at 201.79
The intermediate-term trend has been DOWN since Apr 13th, 2021 at 261.61
The short-term trend has been DOWN since Mar 23rd, 2021 at 270.57
Smart Scan Analysis for SPJBJN
Based on our trend formula, SPJBJN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).