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Index Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
S&P Composite 1500 Banks (Industry) (CME:SP1500-401010)
Long-Term Downtrend (-90) - SP1500-401010 is in a strong downtrend that is likely to continue. While SP1500-401010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Feb 24th, 2020 at 503.36
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 508.88
The short-term trend has been DOWN since Mar 31st, 2020 at 321.38
Smart Scan Analysis for SP1500-401010
Based on our trend formula, SP1500-401010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 305.93 | 308.76 | 291.46 | 295.34 | -12.34 |
| Prev. Close | Volume | Bid | Ask | Time |
| 333.26 | 299032544 | 2020-04-03 17:10:00 |
| 52wk High | 545.47 | 52wk High Date | 2018-01-29 |
| 52wk Low | 441.68 | 52wk Low Date | 2018-10-24 |