Index Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
Long-Term Uptrend (+90) - CIX100 is in a strong uptrend that is likely to continue. While CIX100 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CIX100?
MarketClub looks at technical strength and momentum to determine if the timing is right for CIX100.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CIX100
The long-term trend has been UP since Jun 1st, 2020 at 0.71681
The intermediate-term trend has been UP since Oct 11th, 2020 at 0.82097
The short-term trend has been UP since Apr 27th, 2021 at 5.12226
Smart Scan Analysis for CIX100
Based on our trend formula, CIX100 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).