Index Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
S&P Composite 1500 Airlines (Sub Ind) (CME:SP1500-20302010)
Weak Downtrend (-65) - SP1500-20302010 is showing signs of a strengthening downtrend. Monitor SP1500-20302010 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-20302010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-20302010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-20302010
The long-term trend has been DOWN since Aug 30th, 2019 at 339.94
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 365.88
The short-term trend has been UP since May 18th, 2020 at 142.53
Smart Scan Analysis for SP1500-20302010
Based on our trend formula, SP1500-20302010 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||448.59||52wk High Date||2018-01-16|
|52wk Low||348.95||52wk Low Date||2018-06-28|