Index Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
S&P Composite 1500 Telecommunication Services (Sector) (CME:SP1500-50)
Bull Market Weakness (+75) - SP1500-50 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-50 as it may be in the beginning stages of a reversal.
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 Feb 27th, 2020 at 171.24
The intermediate-term trend has been UP since Apr 6th, 2020 at 152.58
The short-term trend has been UP since May 18th, 2020 at 171.16
Smart Scan Analysis for SP1500-50
Based on our trend formula, SP1500-50 is rated as a +70 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|