Index Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
S&P Composite 1500 Health Care Equipment & Services (Industry Group) (CME:SP1500-3510)
Bull Market Weakness (+75) - SP1500-3510 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-3510 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-3510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-3510.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-3510
The long-term trend has been DOWN since Feb 27th, 2020 at 1272.35
The intermediate-term trend has been UP since May 26th, 2020 at 1347.05
The short-term trend has been UP since May 26th, 2020 at 1335.15
Smart Scan Analysis for SP1500-3510
Based on our trend formula, SP1500-3510 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1293.33||52wk High Date||2018-10-01|
|52wk Low||1014.66||52wk Low Date||2018-02-09|