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Index Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
S&P Composite 1500 Food Beverage & Tobacco (Industry Group) (CME:SP1500-3020)
Long-Term Uptrend (+90) - SP1500-3020 is in a strong uptrend that is likely to continue. While SP1500-3020 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 SP1500-3020?
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.
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MarketClub’s Trade Triangles for SP1500-3020
The long-term trend has been UP since Dec 13th, 2021 at 843.61
The intermediate-term trend has been UP since Dec 13th, 2021 at 832.43
The short-term trend has been UP since Jan 13th, 2022 at 894.22
Smart Scan Analysis for SP1500-3020
Based on our trend formula, SP1500-3020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 892.92 | 897.18 | 890.26 | 894.69 | +1.77 |
| Prev. Close | Volume | Bid | Ask | Time |
| 892.92 | 65524031 | 2022-01-19 15:44:12 |
| 52wk High | 785.1 | 52wk High Date | 2018-01-29 |
| 52wk Low | 644 | 52wk Low Date | 2018-05-15 |