Future Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
SPIKES VOLATILITY INDEX MAY 2021 (MGEX:@SPK.K21)
Strong Downtrend (-100) - @SPK.K21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @SPK.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SPK.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SPK.K21
The long-term trend has been DOWN since Mar 15th, 2021 at 26.45
The intermediate-term trend has been DOWN since May 7th, 2021 at 19.55
The short-term trend has been DOWN since May 5th, 2021 at 19.70
Smart Scan Analysis for @SPK.K21
Based on our trend formula, @SPK.K21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||25.75||52wk High Date||2021-03-18|
|52wk Low||18.3||52wk Low Date||2021-05-07|