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Index Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
S&P South Africa Low Volatility Index ZAR (CME:SPSALVZP)
Crossroads (+60) - SPSALVZP 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 SPSALVZP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSALVZP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPSALVZP
The long-term trend has been DOWN since Apr 2nd, 2024 at 2019.39
The intermediate-term trend has been UP since May 2nd, 2024 at 2030.97
The short-term trend has been UP since Apr 26th, 2024 at 1975.76
Smart Scan Analysis for SPSALVZP
Based on our trend formula, SPSALVZP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2019.15 | 2036.29 | 2018.57 | 2025.66 | +6.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2025.66 | 0 | 2024-05-03 11:59:44 |
| 52wk High | 2898.97 | 52wk High Date | 2018-01-26 |
| 52wk Low | 2418.75 | 52wk Low Date | 2018-10-25 |