SSE 50 Index (SSE50) Up $1.31 On 4 Hour Chart, Entered Today Up 0.62%; in an Uptrend Over Past 90 Days

SSE 50 Index 4 Hour Price Update

Updated September 14, 2020 11:15 PM GMT (07:15 PM EST)

SSE 50 Index closed the last 4 hour candle up 0.04% (1.31); this denotes the 3rd straight candle an upward move has occurred. Relative to other instruments in the equity indices asset class, SSE 50 Index ranked 3rd since the last 4 hour candle in terms of percentage price change.

SSE 50 Index Daily Price Recap

SSE 50 Index came into today up 0.62% (19.99) from the open of the previous day, marking the 2nd straight day it has gone up. Relative to other instruments in the equity indices asset class, SSE 50 Index ranked 3rd since the previous day in terms of percentage price change. Below is a daily price chart of SSE 50 Index.

SSE50

SSE 50 Index Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. Price action traders in particular will want to note that the 30 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. For additional context, note that price has gone up 7 out of the past 14 days.