Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
S&P Composite 1500 Consumer Durables & Apparel (Industry Group) (CME:SP1500-2520)
Crossroads (-60) - SP1500-2520 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-2520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-2520.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-2520
The long-term trend has been UP since Aug 28th, 2019 at 443.34
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 480.88
The short-term trend has been DOWN since Feb 18th, 2020 at 488.34
Smart Scan Analysis for SP1500-2520
Based on our trend formula, SP1500-2520 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||462.86||52wk High Date||2018-01-24|
|52wk Low||373.47||52wk Low Date||2018-10-26|