Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, February 26, 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.

Open High Low SP1500-15 Price Change
493.42 495.34 485.36 491.36 -3.87
Entry Signal

MarketClub’s Trade Triangles for SP1500-15

long term up The long-term trend has been UP since Jun 2nd, 2020 at 373.09

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 496.37

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 492.24

Smart Scan Analysis for SP1500-15

Based on our trend formula, SP1500-15 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SP1500-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
493.42 495.34 485.36 491.36 -3.87
Prev. Close Volume Bid Ask Time
495.23 69747542 2021-02-26 11:31:12
52wk High470.0652wk High Date2017-12-06
52wk Low339.7252wk Low Date2018-10-26
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