Index Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
S&P Composite 1500 Automobiles (Industry) (CME:SP1500-251020)
Strong Uptrend (+100) - SP1500-251020 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP1500-251020 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 SP1500-251020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-251020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-251020
The long-term trend has been UP since Aug 2nd, 2021 at 115.99
The intermediate-term trend has been UP since Aug 2nd, 2021 at 114.66
The short-term trend has been UP since Oct 4th, 2021 at 126.37
Smart Scan Analysis for SP1500-251020
Based on our trend formula, SP1500-251020 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||137.78||52wk High Date||2018-01-16|
|52wk Low||87.05||52wk Low Date||2018-10-24|