Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
S&P/TOPIX 150 Shariah (USD) (CME:SPSHTXU)
Countertrend Up (+85) - SPSHTXU is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPSHTXU?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSHTXU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPSHTXU
The long-term trend has been UP since Jun 1st, 2020 at 1293.50
The intermediate-term trend has been UP since Aug 12th, 2020 at 1372.25
The short-term trend has been DOWN since Oct 22nd, 2020 at 1439.52
Smart Scan Analysis for SPSHTXU
Based on our trend formula, SPSHTXU is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1299.68||52wk High Date||2018-01-29|
|52wk Low||1045.42||52wk Low Date||2018-10-26|
|Contract High||217||Contract High Date||2013-10-18|
|Contract Low||73||Contract Low Date||2013-08-15|