Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
S&P Composite 1500 Materials (Sector) (CME:SP1500-15)
Bull Market Weakness (+75) - SP1500-15 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-15 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-15?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-15.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP1500-15
The long-term trend has been DOWN since Jul 19th, 2021 at 525.41
The intermediate-term trend has been UP since Oct 14th, 2021 at 548.40
The short-term trend has been UP since Oct 4th, 2021 at 538.67
Smart Scan Analysis for SP1500-15
Based on our trend formula, SP1500-15 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 563.70 | 564.15 | 558.26 | 564.02 | -1.66 |
| Prev. Close | Volume | Bid | Ask | Time |
| 564.02 | 141943874 | 2021-10-21 16:19:47 |
| 52wk High | 470.06 | 52wk High Date | 2017-12-06 |
| 52wk Low | 339.72 | 52wk Low Date | 2018-10-26 |