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Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Syntax Stratified Food Index (CME:SYFOOD)
Crossroads (+60) - SYFOOD 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 SYFOOD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SYFOOD.
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 SYFOOD
The long-term trend has been UP since Dec 4th, 2023 at 2383.09
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 2618.09
The short-term trend has been DOWN since Apr 30th, 2024 at 2645.44
Smart Scan Analysis for SYFOOD
Based on our trend formula, SYFOOD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2636.67 | 2655.22 | 2635.70 | 2645.92 | +9.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2645.92 | 0 | 2024-05-03 16:19:45 |