Future Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
SPIKES VOLATILITY INDEX JANUARY 2022 (MGEX:@SPK.F22)
Sidelines Mode (-55) - @SPK.F22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @SPK.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SPK.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SPK.F22
The long-term trend has been DOWN since Dec 27th, 2021 at 21.35
The intermediate-term trend has been DOWN since Dec 13th, 2021 at 22.30
The short-term trend has been UP since Jan 14th, 2022 at 20.40
Smart Scan Analysis for @SPK.F22
Based on our trend formula, @SPK.F22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||30||52wk High Date||2021-12-03|
|52wk Low||18.35||52wk Low Date||2022-01-12|