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Index Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
S&P Composite 1500 Automobiles (Industry) (CME:SP1500-251020)
Long-Term Downtrend (-90) - SP1500-251020 is in a strong downtrend that is likely to continue. While SP1500-251020 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Jan 6th, 2020 at 99.17
The short-term trend has been DOWN since Feb 18th, 2020 at 93.58
Smart Scan Analysis for SP1500-251020
Based on our trend formula, SP1500-251020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 93.84 | 94.47 | 93.61 | 93.95 | +0.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 97.65 | 75055716 | 2020-02-19 17:05:09 |
| 52wk High | 137.78 | 52wk High Date | 2018-01-16 |
| 52wk Low | 87.05 | 52wk Low Date | 2018-10-24 |