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Index Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
S&P Composite 1500 Semiconductors & Semiconductor Equipment (Industry Group) (CME:SP1500-4530)
Weak Downtrend (-65) - SP1500-4530 is showing signs of a strengthening downtrend. Monitor SP1500-4530 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-4530?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4530.
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 SP1500-4530
The long-term trend has been UP since Dec 12th, 2019 at 1199.60
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 1242.26
The short-term trend has been DOWN since Feb 21st, 2020 at 1330.83
Smart Scan Analysis for SP1500-4530
Based on our trend formula, SP1500-4530 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1172.84 | 1186.85 | 1167.25 | 1169.26 | -44.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1260.92 | 59779317 | 2020-02-27 10:09:42 |
| 52wk High | 1092.59 | 52wk High Date | 2018-06-07 |
| 52wk Low | 825.98 | 52wk Low Date | 2018-10-29 |