Index Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
S&P 400 Airlines (Industry) (CME:SP400-203020)
Long-Term Uptrend (+90) - SP400-203020 is in a strong uptrend that is likely to continue. While SP400-203020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP400-203020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-203020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-203020
The long-term trend has been UP since Oct 23rd, 2020 at 241.51
The intermediate-term trend has been UP since Nov 9th, 2020 at 245.97
The short-term trend has been UP since Nov 16th, 2020 at 270.61
Smart Scan Analysis for SP400-203020
Based on our trend formula, SP400-203020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||419.55||52wk High Date||2018-01-16|
|52wk Low||286.61||52wk Low Date||2018-10-25|