Index Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
S&P Composite 1500 Banks (Industry Group) (CME:SP1500-4010)
Long-Term Uptrend (+90) - SP1500-4010 is in a strong uptrend that is likely to continue. While SP1500-4010 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP1500-4010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-4010
The long-term trend has been UP since Oct 4th, 2021 at 444.61
The intermediate-term trend has been UP since Sep 27th, 2021 at 432.28
The short-term trend has been UP since Oct 15th, 2021 at 443.86
Smart Scan Analysis for SP1500-4010
Based on our trend formula, SP1500-4010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||389.95||52wk High Date||2018-01-29|
|52wk Low||315.43||52wk Low Date||2018-10-24|