Index Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
S&P Composite 1500 Regional Banks (Sub Ind) (CME:SP1500-40101015)
Sidelines Mode (-55) - SP1500-40101015 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for SP1500-40101015
The long-term trend has been UP since Oct 1st, 2021 at 155.46
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 158.91
The short-term trend has been UP since Dec 6th, 2021 at 159.38
Smart Scan Analysis for SP1500-40101015
Based on our trend formula, SP1500-40101015 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||140.81||52wk High Date||2018-03-12|
|52wk Low||109.34||52wk Low Date||2018-10-24|