Index Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
S&P Composite 1500 Diversified Telecommunication Services (Industry) (CME:SP1500-501010)
Long-Term Downtrend (-90) - SP1500-501010 is in a strong downtrend that is likely to continue. While SP1500-501010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP1500-501010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-501010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-501010
The long-term trend has been DOWN since Jul 8th, 2021 at 148.28
The intermediate-term trend has been DOWN since Jan 26th, 2022 at 134.65
The short-term trend has been DOWN since Jan 21st, 2022 at 139.80
Smart Scan Analysis for SP1500-501010
Based on our trend formula, SP1500-501010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||171.46||52wk High Date||2018-02-01|
|52wk Low||142.3||52wk Low Date||2018-05-09|