Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
S&P 500 Materials (Sector) (CME:SP500-15)
Sidelines Mode (-55) - SP500-15 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 SP500-15?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-15.
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 SP500-15
The long-term trend has been DOWN since Feb 25th, 2020 at 360.81
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 363.04
The short-term trend has been UP since Apr 6th, 2020 at 280.95
Smart Scan Analysis for SP500-15
Based on our trend formula, SP500-15 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 280.62 | 289.87 | 280.48 | 288.23 | +20.37 |
| Prev. Close | Volume | Bid | Ask | Time |
| 287.35 | 132531928 | 2020-04-06 16:19:27 |
| 52wk High | 402.11 | 52wk High Date | 2018-01-26 |
| 52wk Low | 313.47 | 52wk Low Date | 2018-10-26 |