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Index Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
S&P Composite 1500 Financials (Sector) (CME:SP1500-40)
Sidelines Mode (+55) - SP1500-40 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 SP1500-40?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-40.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP1500-40
The long-term trend has been UP since Nov 9th, 2020 at 465.86
The intermediate-term trend has been UP since Dec 30th, 2021 at 712.44
The short-term trend has been DOWN since Jan 14th, 2022 at 735.44
Smart Scan Analysis for SP1500-40
Based on our trend formula, SP1500-40 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 709.48 | 719.31 | 701.56 | 702.62 | -5.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 702.62 | 460045338 | 2022-01-20 16:19:47 |
| 52wk High | 551.58 | 52wk High Date | 2018-01-29 |
| 52wk Low | 456.14 | 52wk Low Date | 2018-10-26 |