Index Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
Canadian Crude Index (CCI) Excess Return Index (GIF:CCIER)
Bull Market Weakness (+75) - CCIER is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CCIER as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CCIER?
MarketClub looks at technical strength and momentum to determine if the timing is right for CCIER.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CCIER
The long-term trend has been UP since Jan 7th, 2021 at 357.381
The intermediate-term trend has been UP since Apr 19th, 2021 at 536.514
The short-term trend has been UP since Apr 19th, 2021 at 511.588
Smart Scan Analysis for CCIER
Based on our trend formula, CCIER is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).