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Index Trend Analysis Report

Prepared for you on Saturday, September 24, 2022.

S&P Pharmaceuticals Select Industry Index (CME:SPSIPH)

Crossroads (-60) - SPSIPH 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 SPSIPH?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPSIPH.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPSIPH
Open High Low SPSIPH Price Change
4612.38 4633.63 4530.82 4585.62 -128.61
Entry Signal

MarketClub’s Trade Triangles for SPSIPH

long term up The long-term trend has been UP since Aug 11th, 2022 at 5117.29

intermediate term down The intermediate-term trend has been DOWN since Aug 29th, 2022 at 4918.69

short term down The short-term trend has been DOWN since Sep 14th, 2022 at 4895.29

Smart Scan Analysis for SPSIPH

Based on our trend formula, SPSIPH is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPSIPH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4612.38 4633.63 4530.82 4585.62 -128.61
Prev. Close Volume Bid Ask Time
4585.62 0 2022-09-23 17:04:16
52wk High5742.9252wk High Date2018-08-31
52wk Low4454.452wk Low Date2018-05-04
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