Index Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
S&P Composite 1500 Paper & Forest Products (Industry) (CME:SP1500-151050)
Strong Downtrend (-100) - SP1500-151050 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP1500-151050 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP1500-151050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-151050.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-151050
The long-term trend has been DOWN since Jun 16th, 2022 at 284.29
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 311.93
The short-term trend has been DOWN since Jun 8th, 2022 at 349.36
Smart Scan Analysis for SP1500-151050
Based on our trend formula, SP1500-151050 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||260.31||52wk High Date||2018-01-29|
|52wk Low||189.86||52wk Low Date||2018-11-28|