Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P Composite 1500 - Biotechnology (Industry) (CME:SP1500-352010)
Sidelines Mode (-55) - SP1500-352010 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-352010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-352010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-352010
The long-term trend has been DOWN since Mar 12th, 2020 at 2934.21
The intermediate-term trend has been DOWN since Feb 28th, 2020 at 3007.35
The short-term trend has been UP since Apr 3rd, 2020 at 3101.11
Smart Scan Analysis for SP1500-352010
Based on our trend formula, SP1500-352010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3495.77||52wk High Date||2018-01-29|
|52wk Low||2718.13||52wk Low Date||2018-10-25|