Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
S&P Composite 1500 Airlines (Industry) (CME:SP1500-203020)
Sidelines Mode (-55) - SP1500-203020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
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 Jul 9th, 2020 at 181.06
The short-term trend has been UP since Aug 4th, 2020 at 180.38
Smart Scan Analysis for SP1500-203020
Based on our trend formula, SP1500-203020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 189.82 | 191.86 | 188.31 | 191.09 | -0.95 |
| Prev. Close | Volume | Bid | Ask | Time |
| 192.85 | 99117603 | 2020-08-07 14:44:12 |
| 52wk High | 448.59 | 52wk High Date | 2018-01-16 |
| 52wk Low | 348.95 | 52wk Low Date | 2018-06-28 |