Index Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
S&P Composite 1500 Telecommunication Services (Sector) (CME:SP1500-50)
Strong Downtrend (-100) - SP1500-50 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP1500-50 continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for SP1500-50
The long-term trend has been DOWN since Nov 30th, 2021 at 262.60
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 256.57
The short-term trend has been DOWN since Jan 14th, 2022 at 256.22
Smart Scan Analysis for SP1500-50
Based on our trend formula, SP1500-50 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||168.66||52wk High Date||2018-02-01|
|52wk Low||140.06||52wk Low Date||2018-05-09|