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Index Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
S&P Composite 1500 Utilities (Sector) (CME:SP1500-55)
Crossroads (+60) - SP1500-55 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 28th, 2020 at 357.24
The intermediate-term trend has been UP since May 26th, 2020 at 332.62
The short-term trend has been UP since May 26th, 2020 at 328.94
Smart Scan Analysis for SP1500-55
Based on our trend formula, SP1500-55 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 351.01 | 359.07 | 350.83 | 352.45 | +5.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 335.19 | 105889642 | 2020-06-05 17:07:17 |
| 52wk High | 330.87 | 52wk High Date | 2017-12-01 |
| 52wk Low | 277.17 | 52wk Low Date | 2018-02-06 |