Index Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
S&P South Africa Dividend Aristocrats ZAR (CME:SPSADAZP)
Bull Market Weakness (+75) - SPSADAZP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPSADAZP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPSADAZP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSADAZP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPSADAZP
The long-term trend has been UP since Dec 1st, 2021 at 2180.83
The intermediate-term trend has been UP since Nov 11th, 2021 at 2111.89
The short-term trend has been DOWN since Jan 18th, 2022 at 2261.09
Smart Scan Analysis for SPSADAZP
Based on our trend formula, SPSADAZP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3267.15||52wk High Date||2018-03-06|
|52wk Low||2514.25||52wk Low Date||2018-10-25|