Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

S&P Japan 500 Buyback Index Net TR (CME:SPJBJN)

Countertrend Up (+85) - SPJBJN 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 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.

CME_SPJBJN
Open High Low SPJBJN Price Change
414.83 415.40 414.19 415.40 +1.30
Entry Signal

MarketClub’s Trade Triangles for SPJBJN

long term up The long-term trend has been UP since Mar 23rd, 2022 at 273.22

intermediate term up The intermediate-term trend has been UP since May 9th, 2024 at 418.65

short term down The short-term trend has been DOWN since May 15th, 2024 at 413.89

Smart Scan Analysis for SPJBJN

Based on our trend formula, SPJBJN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPJBJN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
414.83 415.40 414.19 415.40 +1.30
Prev. Close Volume Bid Ask Time
415.40 0 2024-05-17 02:39:37
Get a free daily analysis and signals for S&P Japan 500 Buyback Index Net TR (SPJBJN) - Request Your Free Report.