Index Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
S&P Japan Mid Cap 100 (CME:SPJMID)
Weak Downtrend (-65) - SPJMID is showing signs of a strengthening downtrend. Monitor SPJMID as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPJMID?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPJMID.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPJMID
The long-term trend has been UP since Mar 6th, 2023 at 1821.76
The intermediate-term trend has been DOWN since Sep 26th, 2023 at 2036.42
The short-term trend has been DOWN since Sep 19th, 2023 at 2093.17
Smart Scan Analysis for SPJMID
Based on our trend formula, SPJMID is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2053.04||52wk High Date||2018-01-18|
|52wk Low||1690.35||52wk Low Date||2018-10-26|
|Contract High||0.0137||Contract High Date||2013-10-25|
|Contract Low||0.0115||Contract Low Date||2013-10-24|