Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
S&P Composite 1500 Food Beverage & Tobacco (Industry Group) (CME:SP1500-3020)
Strong Uptrend (+100) - SP1500-3020 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP1500-3020 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jul 23rd, 2020 at 716.97
The intermediate-term trend has been UP since Jul 13th, 2020 at 690.98
The short-term trend has been UP since Aug 5th, 2020 at 720.05
Smart Scan Analysis for SP1500-3020
Based on our trend formula, SP1500-3020 is rated as a +100 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|