Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
S&P Composite 1500 Semiconductor & Semiconductor Equipment (Industry) (CME:SP1500-453010)
Sidelines Mode (-55) - SP1500-453010 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 SP1500-453010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-453010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-453010
The long-term trend has been DOWN since Feb 28th, 2020 at 1128.07
The intermediate-term trend has been UP since Apr 6th, 2020 at 1101.96
The short-term trend has been DOWN since May 27th, 2020 at 1251.27
Smart Scan Analysis for SP1500-453010
Based on our trend formula, SP1500-453010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1092.59||52wk High Date||2018-06-07|
|52wk Low||825.98||52wk Low Date||2018-10-29|