Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
S&P Composite 1500 Technology Hardware & Equipment (Industry Group) (CME:SP1500-4520)
Crossroads (+60) - SP1500-4520 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-4520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4520.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-4520
The long-term trend has been DOWN since Feb 28th, 2020 at 1308.48
The intermediate-term trend has been UP since Apr 6th, 2020 at 1258.66
The short-term trend has been UP since May 18th, 2020 at 1459.67
Smart Scan Analysis for SP1500-4520
Based on our trend formula, SP1500-4520 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1271.17||52wk High Date||2018-10-03|
|52wk Low||915.11||52wk Low Date||2018-02-09|