Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
S&P Composite 1500 Banks (Industry) (CME:SP1500-401010)
Countertrend Up (+85) - SP1500-401010 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP1500-401010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-401010.
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 SP1500-401010
The long-term trend has been UP since Oct 21st, 2019 at 491.50
The intermediate-term trend has been UP since Feb 12th, 2020 at 534.04
The short-term trend has been DOWN since Feb 18th, 2020 at 525.03
Smart Scan Analysis for SP1500-401010
Based on our trend formula, SP1500-401010 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 524.11 | 525.11 | 518.27 | 521.45 | -5.86 |
| Prev. Close | Volume | Bid | Ask | Time |
| 535.17 | 193623730 | 2020-02-21 16:19:27 |
| 52wk High | 545.47 | 52wk High Date | 2018-01-29 |
| 52wk Low | 441.68 | 52wk Low Date | 2018-10-24 |