Index Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
S&P Singapore REIT (Singapore Dollar) Net Total Return (CME:SPSGDRSN)
Bull Market Weakness (+75) - SPSGDRSN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPSGDRSN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPSGDRSN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSGDRSN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPSGDRSN
The long-term trend has been DOWN since Jun 9th, 2023 at 643.16
The intermediate-term trend has been UP since Nov 6th, 2023 at 612.26
The short-term trend has been UP since Dec 4th, 2023 at 634.11
Smart Scan Analysis for SPSGDRSN
Based on our trend formula, SPSGDRSN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).