Future Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
SPIKES VOLATILITY INDEX SEPTEMBER 2021 (MGEX:@SPK.U21)
Sidelines Mode (-55) - @SPK.U21 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.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SPK.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SPK.U21
The long-term trend has been DOWN since Mar 19th, 2021 at 27.25
The intermediate-term trend has been DOWN since Aug 27th, 2021 at 19.15
The short-term trend has been UP since Sep 7th, 2021 at 18.70
Smart Scan Analysis for @SPK.U21
Based on our trend formula, @SPK.U21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||24.35||52wk High Date||2021-07-19|
|52wk Low||17.9||52wk Low Date||2021-09-02|