Index Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
S&P Composite 1500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP1500-3520)
Strong Uptrend (+100) - SP1500-3520 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP1500-3520 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 SP1500-3520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-3520.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-3520
The long-term trend has been UP since Nov 9th, 2020 at 1142.07
The intermediate-term trend has been UP since Nov 4th, 2020 at 1130.02
The short-term trend has been UP since Nov 27th, 2020 at 1109.59
Smart Scan Analysis for SP1500-3520
Based on our trend formula, SP1500-3520 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1010.82||52wk High Date||2018-10-03|
|52wk Low||831.3||52wk Low Date||2018-05-03|