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Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
S&P Composite 1500 Materials (Sector) (CME:SP1500-15)
Crossroads (+60) - SP1500-15 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Feb 25th, 2020 at 382.38
The intermediate-term trend has been UP since Apr 7th, 2020 at 302.87
The short-term trend has been UP since May 26th, 2020 at 354.73
Smart Scan Analysis for SP1500-15
Based on our trend formula, SP1500-15 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 364.34 | 367.96 | 363.73 | 366.45 | +2.31 |
| Prev. Close | Volume | Bid | Ask | Time |
| 299.87 | 146309882 | 2020-06-01 16:19:52 |
| 52wk High | 470.06 | 52wk High Date | 2017-12-06 |
| 52wk Low | 339.72 | 52wk Low Date | 2018-10-26 |