Index Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
S&P 400 Energy (Industry Group) (CME:SP400-1010)
Sidelines Mode (-55) - SP400-1010 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 SP400-1010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-1010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-1010
The long-term trend has been DOWN since Jan 30th, 2020 at 200.66
The intermediate-term trend has been DOWN since Jan 13th, 2020 at 238.63
The short-term trend has been UP since Apr 2nd, 2020 at 77.17
Smart Scan Analysis for SP400-1010
Based on our trend formula, SP400-1010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||530.67||52wk High Date||2018-10-09|
|52wk Low||345.53||52wk Low Date||2018-02-09|