Future Trend Analysis Report
Prepared for you on Tuesday, August 3, 2021.
SPIKES VOLATILITY INDEX AUGUST 2021 (MGEX:@SPK.Q21)
Sidelines Mode (+55) - @SPK.Q21 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.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SPK.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SPK.Q21
The long-term trend has been DOWN since Mar 1st, 2021 at 28.65
The intermediate-term trend has been UP since Jul 19th, 2021 at 21.40
The short-term trend has been DOWN since Jul 30th, 2021 at 20.20
Smart Scan Analysis for @SPK.Q21
Based on our trend formula, @SPK.Q21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||25.6||52wk High Date||2021-05-12|
|52wk Low||18.9||52wk Low Date||2021-07-02|