Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P 500 Oil, Gas & Consumable Fuels (Industry) (CME:SP500-101020)
Sidelines Mode (+55) - SP500-101020 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 SP500-101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-101020
The long-term trend has been DOWN since Jan 30th, 2020 at 457.23
The intermediate-term trend has been UP since Apr 7th, 2020 at 276.19
The short-term trend has been DOWN since May 29th, 2020 at 329.06
Smart Scan Analysis for SP500-101020
Based on our trend formula, SP500-101020 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 326.70 | 331.84 | 323.12 | 329.93 | -0.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 250.29 | 434581156 | 2020-05-29 16:19:53 |
| 52wk High | 622.61 | 52wk High Date | 2018-10-09 |
| 52wk Low | 498.8 | 52wk Low Date | 2018-02-09 |