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Index Trend Analysis Report
Prepared for you on Monday, December 30, 2024.
S&P GIVI South Africa 50 ZAR (CME:SPVSA5ZP)
Countertrend Down (-85) - SPVSA5ZP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SPVSA5ZP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPVSA5ZP.
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 SPVSA5ZP
The long-term trend has been DOWN since Dec 20th, 2024 at 3580.24
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 3638.85
The short-term trend has been UP since Dec 27th, 2024 at 3641.90
Smart Scan Analysis for SPVSA5ZP
Based on our trend formula, SPVSA5ZP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3644.68 | 3652.34 | 3616.36 | 3617.04 | -30.44 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3647.48 | 0 | 2024-12-30 09:39:14 |