Index Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
S&P Composite 1500 Telecommunication Services (Industry Group) (CME:SP1500-5010)
Bear Market Rally (-75) - SP1500-5010 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP1500-5010 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP1500-5010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-5010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-5010
The long-term trend has been DOWN since Mar 17th, 2023 at 117.56
The intermediate-term trend has been DOWN since Feb 23rd, 2023 at 124.90
The short-term trend has been UP since Mar 20th, 2023 at 120.18
Smart Scan Analysis for SP1500-5010
Based on our trend formula, SP1500-5010 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||168.62||52wk High Date||2018-02-01|
|52wk Low||140.06||52wk Low Date||2018-05-09|