Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P Composite 1500 Food Beverage & Tobacco (Industry Group) (CME:SP1500-3020)
Weak Downtrend (-65) - SP1500-3020 is showing signs of a strengthening downtrend. Monitor SP1500-3020 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-3020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-3020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-3020
The long-term trend has been DOWN since Feb 27th, 2020 at 720.15
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 764.75
The short-term trend has been DOWN since Apr 2nd, 2020 at 612.78
Smart Scan Analysis for SP1500-3020
Based on our trend formula, SP1500-3020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||785.1||52wk High Date||2018-01-29|
|52wk Low||644||52wk Low Date||2018-05-15|