Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P Composite 1500 Oil & Gas Equipment & Services (Sub Ind) (CME:SP1500-10101020)
Bear Market Rally (-75) - SP1500-10101020 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP1500-10101020 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP1500-10101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-10101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-10101020
The long-term trend has been DOWN since Feb 21st, 2020 at 275.34
The intermediate-term trend has been DOWN since Jan 9th, 2020 at 322.14
The short-term trend has been UP since Apr 2nd, 2020 at 114.86
Smart Scan Analysis for SP1500-10101020
Based on our trend formula, SP1500-10101020 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||654.38||52wk High Date||2018-01-23|
|52wk Low||388.73||52wk Low Date||2018-11-28|