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Index Trend Analysis Report
Prepared for you on Sunday, September 27, 2020.
S&P Composite 1500 Regional Banks (Sub Ind) (CME:SP1500-40101015)
Long-Term Downtrend (-90) - SP1500-40101015 is in a strong downtrend that is likely to continue. While SP1500-40101015 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 SP1500-40101015?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-40101015.
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 SP1500-40101015
The long-term trend has been DOWN since Feb 25th, 2020 at 118.07
The intermediate-term trend has been DOWN since Sep 11th, 2020 at 83.84
The short-term trend has been DOWN since Sep 17th, 2020 at 85.23
Smart Scan Analysis for SP1500-40101015
Based on our trend formula, SP1500-40101015 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 77.54 | 79.68 | 77.31 | 79.47 | +1.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 85.84 | 81644461 | 2020-09-25 16:19:57 |
| 52wk High | 140.81 | 52wk High Date | 2018-03-12 |
| 52wk Low | 109.34 | 52wk Low Date | 2018-10-24 |