Index Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
S&P/TOPIX 150 Shariah (CME:SPSHTX)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPSHTX
The long term trend has been DOWN since Jun 2nd, 2019 at 1002.86
The intermediate term trend has been UP since Jun 19th, 2019 at 1037.72
The short term trend has been UP since Jul 19th, 2019 at 1039.97
Smart Scan Analysis for SPSHTX
Based on a pre-defined weighted trend formula for chart analysis, SPSHTX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1205.78||52wk High Date||2018-01-23|
|52wk Low||987.7||52wk Low Date||2018-10-26|