Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
S&P Asia Property 40 Index (CME:SPP4ADP)
Weak Downtrend (-65) - SPP4ADP is showing signs of a strengthening downtrend. Monitor SPP4ADP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPP4ADP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPP4ADP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPP4ADP
The long-term trend has been DOWN since Jul 20th, 2021 at 3843.69
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 3427.65
The short-term trend has been UP since May 13th, 2022 at 3228.59
Smart Scan Analysis for SPP4ADP
Based on our trend formula, SPP4ADP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4714.49||52wk High Date||2018-01-29|
|52wk Low||3625.95||52wk Low Date||2018-10-25|