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Index Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
S&P Composite 1500 Information Technology (Sector) (CME:SP1500-45)
Weak Downtrend (-65) - SP1500-45 is showing signs of a strengthening downtrend. Monitor SP1500-45 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-45?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-45.
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 SP1500-45
The long-term trend has been UP since Oct 25th, 2019 at 1482.22
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1698.99
The short-term trend has been DOWN since Feb 20th, 2020 at 1795.84
Smart Scan Analysis for SP1500-45
Based on our trend formula, SP1500-45 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1683.17 | 1718.10 | 1669.83 | 1694.50 | -73.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1686.77 | 663151142 | 2020-02-24 16:19:57 |
| 52wk High | 1365.99 | 52wk High Date | 2018-08-30 |
| 52wk Low | 1084.06 | 52wk Low Date | 2018-02-09 |