Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
The Space Index Total Return EURO (GIF:SPACEET)
Long-Term Downtrend (-90) - SPACEET is in a strong downtrend that is likely to continue. While SPACEET is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPACEET?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPACEET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPACEET
The long-term trend has been DOWN since Feb 27th, 2020 at 1194.61
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 996.51
The short-term trend has been DOWN since Sep 21st, 2020 at 1014.03
Smart Scan Analysis for SPACEET
Based on our trend formula, SPACEET is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).