Index Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
S&P Composite 1500 Materials (Industry Group) (CME:SP1500-1510)
Strong Downtrend (-100) - SP1500-1510 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for SP1500-1510
The long-term trend has been DOWN since Feb 25th, 2020 at 382.40
The intermediate-term trend has been DOWN since Jan 6th, 2020 at 398.62
The short-term trend has been DOWN since Apr 1st, 2020 at 287.99
Smart Scan Analysis for SP1500-1510
Based on our trend formula, SP1500-1510 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||434.68||52wk High Date||2018-01-26|
|52wk Low||339.78||52wk Low Date||2018-10-26|