Index Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
S&P Composite 1500 Aerospace & Defense (Industry) (CME:SP1500-201010)
Weak Downtrend (-65) - SP1500-201010 is showing signs of a strengthening downtrend. Monitor SP1500-201010 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-201010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-201010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-201010
The long-term trend has been DOWN since Feb 25th, 2020 at 1431.38
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1478.63
The short-term trend has been UP since Apr 6th, 2020 at 940.95
Smart Scan Analysis for SP1500-201010
Based on our trend formula, SP1500-201010 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1436.82||52wk High Date||2018-10-03|
|52wk Low||1178.82||52wk Low Date||2017-12-01|