Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
S&P Composite 1500 Integrated Telecommunication Services (Sub Ind) (CME:SP1500-50101020)
Sidelines Mode (-55) - SP1500-50101020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-50101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-50101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-50101020
The long-term trend has been DOWN since Jan 30th, 2020 at 174.33
The intermediate-term trend has been DOWN since Jan 9th, 2020 at 181.58
The short-term trend has been UP since Apr 6th, 2020 at 150.83
Smart Scan Analysis for SP1500-50101020
Based on our trend formula, SP1500-50101020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||175.33||52wk High Date||2018-02-01|
|52wk Low||143.99||52wk Low Date||2018-05-09|