Index Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
S&P Composite 1500 Capital Goods (Industry Group) (CME:SP1500-2010)
Bull Market Weakness (+75) - SP1500-2010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-2010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-2010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-2010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-2010
The long-term trend has been UP since Sep 12th, 2019 at 748.58
The intermediate-term trend has been UP since Feb 11th, 2020 at 806.87
The short-term trend has been DOWN since Feb 14th, 2020 at 805.10
Smart Scan Analysis for SP1500-2010
Based on our trend formula, SP1500-2010 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||788.09||52wk High Date||2018-01-29|
|52wk Low||631.26||52wk Low Date||2018-10-29|