Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
S&P Composite 1500 Software & Services (Industry Group) (CME:SP1500-4510)
Sidelines Mode (+55) - SP1500-4510 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 SP1500-4510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4510.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-4510
The long-term trend has been UP since Jun 2nd, 2020 at 2805.55
The intermediate-term trend has been UP since Jan 28th, 2021 at 3429.54
The short-term trend has been DOWN since Feb 17th, 2021 at 3563.57
Smart Scan Analysis for SP1500-4510
Based on our trend formula, SP1500-4510 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2149.08||52wk High Date||2018-07-25|
|52wk Low||1680.95||52wk Low Date||2017-12-05|