Index Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
S&P Composite 1500 Transportation (Industry Group) (CME:SP1500-2030)
Strong Uptrend (+100) - SP1500-2030 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP1500-2030 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP1500-2030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-2030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-2030
The long-term trend has been UP since Jun 4th, 2020 at 746.16
The intermediate-term trend has been UP since Feb 12th, 2021 at 1002.12
The short-term trend has been UP since Feb 19th, 2021 at 1012.10
Smart Scan Analysis for SP1500-2030
Based on our trend formula, SP1500-2030 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||857.14||52wk High Date||2018-09-21|
|52wk Low||693.77||52wk Low Date||2018-02-09|