Index Trend Analysis Report
Prepared for you on Wednesday, December 7, 2022.
S&P Composite 1500 Health Care Equipment & Services (Industry Group) (CME:SP1500-3510)
Countertrend Up (+85) - SP1500-3510 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 1st, 2022 at 1859.27
The intermediate-term trend has been UP since Oct 24th, 2022 at 1757.26
The short-term trend has been DOWN since Dec 6th, 2022 at 1831.58
Smart Scan Analysis for SP1500-3510
Based on our trend formula, SP1500-3510 is rated as a +85 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|