Index Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
S&P 500 Automobiles (Industry) (CME:SP500-251020)
Strong Uptrend (+100) - SP500-251020 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500-251020 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP500-251020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-251020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-251020
The long-term trend has been UP since Aug 2nd, 2021 at 102.24
The intermediate-term trend has been UP since Aug 2nd, 2021 at 100.99
The short-term trend has been UP since Oct 4th, 2021 at 111.61
Smart Scan Analysis for SP500-251020
Based on our trend formula, SP500-251020 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||120.87||52wk High Date||2018-01-16|
|52wk Low||78.04||52wk Low Date||2018-10-24|