Index Trend Analysis Report
Prepared for you on Thursday, May 13, 2021.
S&P Composite 1500 Automobiles & Components (Industry Group) (CME:SP1500-2510)
Strong Downtrend (-100) - SP1500-2510 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP1500-2510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-2510.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-2510
The long-term trend has been DOWN since Mar 5th, 2021 at 135.91
The intermediate-term trend has been DOWN since Apr 29th, 2021 at 156.03
The short-term trend has been DOWN since May 10th, 2021 at 152.94
Smart Scan Analysis for SP1500-2510
Based on our trend formula, SP1500-2510 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||178.9||52wk High Date||2018-01-16|
|52wk Low||115.8||52wk Low Date||2018-10-24|