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Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
S&P Composite 1500 Utilities (Sector) (CME:SP1500-55)
Long-Term Downtrend (-90) - SP1500-55 is in a strong downtrend that is likely to continue. While SP1500-55 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 SP1500-55?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-55.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP1500-55
The long-term trend has been DOWN since Feb 22nd, 2021 at 347.87
The intermediate-term trend has been DOWN since Feb 19th, 2021 at 354.50
The short-term trend has been DOWN since Feb 12th, 2021 at 361.12
Smart Scan Analysis for SP1500-55
Based on our trend formula, SP1500-55 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 340.38 | 347.19 | 340.38 | 346.64 | +9.63 |
| Prev. Close | Volume | Bid | Ask | Time |
| 337.01 | 34580555 | 2021-03-01 12:01:02 |
| 52wk High | 330.87 | 52wk High Date | 2017-12-01 |
| 52wk Low | 277.17 | 52wk Low Date | 2018-02-06 |