Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
S&P Composite 1500 Telecommunication Services (Sector) (CME:SP1500-50)
Countertrend Up (+85) - SP1500-50 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP1500-50?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-50.
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 SP1500-50
The long-term trend has been UP since Jul 26th, 2019 at 171.96
The intermediate-term trend has been UP since Oct 15th, 2019 at 170.30
The short-term trend has been DOWN since Feb 20th, 2020 at 189.95
Smart Scan Analysis for SP1500-50
Based on our trend formula, SP1500-50 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 190.19 | 190.48 | 187.77 | 188.34 | -2.68 |
| Prev. Close | Volume | Bid | Ask | Time |
| 185.74 | 224598819 | 2020-02-21 16:19:27 |
| 52wk High | 168.66 | 52wk High Date | 2018-02-01 |
| 52wk Low | 140.06 | 52wk Low Date | 2018-05-09 |