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Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P Composite 1500 Airlines (Industry) (CME:SP1500-203020)
Long-Term Downtrend (-90) - SP1500-203020 is in a strong downtrend that is likely to continue. While SP1500-203020 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP1500-203020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-203020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP1500-203020
The long-term trend has been DOWN since Oct 2nd, 2019 at 350.49
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 365.88
The short-term trend has been DOWN since Mar 30th, 2020 at 194.13
Smart Scan Analysis for SP1500-203020
Based on our trend formula, SP1500-203020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 157.36 | 160.12 | 147.24 | 152.03 | -3.72 |
| Prev. Close | Volume | Bid | Ask | Time |
| 186.24 | 181577584 | 2020-04-03 17:10:00 |
| 52wk High | 448.59 | 52wk High Date | 2018-01-16 |
| 52wk Low | 348.95 | 52wk Low Date | 2018-06-28 |