Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
S&P 500 Airlines (Industry) (CME:SP500-203020)
Bear Market Rally (-75) - SP500-203020 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-203020 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP500-203020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-203020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-203020
The long-term trend has been DOWN since Oct 2nd, 2019 at 308.38
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 318.05
The short-term trend has been UP since Apr 7th, 2020 at 146.00
Smart Scan Analysis for SP500-203020
Based on our trend formula, SP500-203020 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 144.66 | 150.73 | 142.27 | 149.23 | +8.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 164.11 | 192730732 | 2020-04-08 17:06:54 |
| 52wk High | 393.95 | 52wk High Date | 2018-01-16 |
| 52wk Low | 303.4 | 52wk Low Date | 2018-06-28 |