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Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
S&P 500 Materials (Industry Group) (CME:SP500-1510)
Sidelines Mode (-55) - SP500-1510 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 SP500-1510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-1510.
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 SP500-1510
The long-term trend has been DOWN since Feb 25th, 2020 at 360.84
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 363.08
The short-term trend has been UP since Apr 6th, 2020 at 280.94
Smart Scan Analysis for SP500-1510
Based on our trend formula, SP500-1510 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 280.71 | 289.84 | 280.58 | 288.23 | +20.37 |
| Prev. Close | Volume | Bid | Ask | Time |
| 287.35 | 132531928 | 2020-04-06 16:19:38 |
| 52wk High | 402.07 | 52wk High Date | 2018-01-26 |
| 52wk Low | 302.06 | 52wk Low Date | 2017-12-06 |