Index Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
S&P Composite 1500 Consumer Staples (Sector) (CME:SP1500-30)
Long-Term Uptrend (+90) - SP1500-30 is in a strong uptrend that is likely to continue. While SP1500-30 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP1500-30?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-30.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-30
The long-term trend has been UP since Dec 4th, 2019 at 669.00
The intermediate-term trend has been UP since Jan 15th, 2020 at 684.31
The short-term trend has been UP since Feb 14th, 2020 at 698.05
Smart Scan Analysis for SP1500-30
Based on our trend formula, SP1500-30 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||640.32||52wk High Date||2018-01-29|
|52wk Low||530.01||52wk Low Date||2018-05-03|