Index Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
S&P Composite 1500 - Pharmaceuticals (Industry) (CME:SP1500-352020)
Sidelines Mode (-55) - SP1500-352020 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 SP1500-352020?
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 DOWN since Feb 2nd, 2023 at 975.24
The intermediate-term trend has been DOWN since Dec 19th, 2022 at 1035.88
The short-term trend has been UP since Mar 27th, 2023 at 943.46
Smart Scan Analysis for SP1500-352020
Based on our trend formula, SP1500-352020 is rated as a -55 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|