Index Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
S&P Composite 1500 Oil & Gas Exploration & Production (Sub Ind) (CME:SP1500-10102020)
Strong Uptrend (+100) - SP1500-10102020 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP1500-10102020 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP1500-10102020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-10102020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-10102020
The long-term trend has been UP since Sep 27th, 2021 at 414.96
The intermediate-term trend has been UP since Sep 2nd, 2021 at 359.37
The short-term trend has been UP since Oct 15th, 2021 at 470.15
Smart Scan Analysis for SP1500-10102020
Based on our trend formula, SP1500-10102020 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||557.14||52wk High Date||2018-10-09|
|52wk Low||402.71||52wk Low Date||2018-02-09|