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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.

MGEX_@SPK.K21
Open High Low @SPK.K21 Price Change
19.65 19.65 18.30 18.40 -1.30
Entry Signal

MarketClub’s Trade Triangles for @SPK.K21

long term down The long-term trend has been DOWN since Mar 15th, 2021 at 26.45

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2021 at 19.55

short term down 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).

-100
Smart Scan Analysis for @SPK.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.65 19.65 18.30 18.40 -1.30
Prev. Close Volume Bid Ask Time
19.70 132 2021-05-07 16:59:18
52wk High25.7552wk High Date2021-03-18
52wk Low18.352wk Low Date2021-05-07
Volatility45.43Expiration2021-05-19
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