Index Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
S&P Composite 1500 - Pharmaceuticals (Industry) (CME:SP1500-352020)
Weak Downtrend (-65) - SP1500-352020 is showing signs of a strengthening downtrend. Monitor SP1500-352020 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-352020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-352020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-352020
The long-term trend has been UP since Nov 9th, 2020 at 800.56
The intermediate-term trend has been DOWN since Feb 3rd, 2021 at 820.02
The short-term trend has been DOWN since Feb 19th, 2021 at 823.94
Smart Scan Analysis for SP1500-352020
Based on our trend formula, SP1500-352020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||747.69||52wk High Date||2018-10-09|
|52wk Low||602.85||52wk Low Date||2018-05-03|