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Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
S&P Composite 1500 Automobiles (Industry) (CME:SP1500-251020)
Sidelines Mode (-55) - SP1500-251020 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 SP1500-251020?
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.
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MarketClub’s Trade Triangles for SP1500-251020
The long-term trend has been DOWN since Oct 2nd, 2019 at 94.17
The intermediate-term trend has been UP since May 18th, 2020 at 66.08
The short-term trend has been DOWN since May 29th, 2020 at 71.40
Smart Scan Analysis for SP1500-251020
Based on our trend formula, SP1500-251020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 69.98 | 72.74 | 69.66 | 72.15 | +2.49 |
| Prev. Close | Volume | Bid | Ask | Time |
| 56.57 | 77720385 | 2020-06-01 16:20:12 |
| 52wk High | 137.78 | 52wk High Date | 2018-01-16 |
| 52wk Low | 87.05 | 52wk Low Date | 2018-10-24 |