Index Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
SummerHaven Copper Index Total Return (GIF:SCITR)
Countertrend Up (+85) - SCITR 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 SCITR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCITR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SCITR
The long-term trend has been UP since Oct 20th, 2020 at 996.4
The intermediate-term trend has been UP since Feb 8th, 2021 at 1171.2
The short-term trend has been DOWN since Feb 26th, 2021 at 1308.3
Smart Scan Analysis for SCITR
Based on our trend formula, SCITR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).