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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Syntax Stratified Food Index (CME:SYFOOD)
Countertrend Up (+85) - SYFOOD 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 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 UP since Jul 17th, 2024 at 2672.97
The short-term trend has been DOWN since Jul 22nd, 2024 at 2629.16
Smart Scan Analysis for SYFOOD
Based on our trend formula, SYFOOD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2618.73 | 2654.32 | 2618.73 | 2648.55 | +29.82 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2618.73 | 0 | 2024-07-26 16:20:00 |