Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
S&P Composite 1500 Banks (Industry Group) (CME:SP1500-4010)
Countertrend Down (-85) - SP1500-4010 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for SP1500-4010
The long-term trend has been DOWN since Mar 1st, 2022 at 411.11
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 343.09
The short-term trend has been UP since Jun 24th, 2022 at 340.18
Smart Scan Analysis for SP1500-4010
Based on our trend formula, SP1500-4010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 340.45 | 348.77 | 338.29 | 338.83 | -1.62 |
| Prev. Close | Volume | Bid | Ask | Time |
| 340.45 | 200879693 | 2022-06-28 16:20:00 |
| 52wk High | 389.95 | 52wk High Date | 2018-01-29 |
| 52wk Low | 315.43 | 52wk Low Date | 2018-10-24 |