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Index Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
S&P Composite 1500 Materials (Industry Group) (CME:SP1500-1510)
Long-Term Downtrend (-90) - SP1500-1510 is in a strong downtrend that is likely to continue. While SP1500-1510 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP1500-1510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-1510.
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 SP1500-1510
The long-term trend has been DOWN since Jun 13th, 2022 at 532.67
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 544.02
The short-term trend has been DOWN since Jun 29th, 2022 at 493.66
Smart Scan Analysis for SP1500-1510
Based on our trend formula, SP1500-1510 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 502.65 | 502.95 | 492.28 | 497.90 | -3.91 |
| Prev. Close | Volume | Bid | Ask | Time |
| 501.81 | 130241999 | 2022-06-29 16:20:12 |
| 52wk High | 434.68 | 52wk High Date | 2018-01-26 |
| 52wk Low | 339.78 | 52wk Low Date | 2018-10-26 |