Index Trend Analysis Report
Prepared for you on Friday, June 18, 2021.
Syntax Stratified Healthcare Index (CME:SYHLTH)
Countertrend Up (+85) - SYHLTH 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 SYHLTH?
MarketClub looks at technical strength and momentum to determine if the timing is right for SYHLTH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SYHLTH
The long-term trend has been UP since Jun 2nd, 2020 at 3549.16
The intermediate-term trend has been UP since Jun 10th, 2021 at 4523.34
The short-term trend has been DOWN since Jun 16th, 2021 at 4509.35
Smart Scan Analysis for SYHLTH
Based on our trend formula, SYHLTH is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).