Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P 500 Automobile Manufacturers (Sub Ind) (CME:SP500-25102010)
Sidelines Mode (+55) - SP500-25102010 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 SP500-25102010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25102010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-25102010
The long-term trend has been DOWN since Oct 2nd, 2019 at 64.91
The intermediate-term trend has been UP since May 18th, 2020 at 42.67
The short-term trend has been DOWN since May 29th, 2020 at 46.02
Smart Scan Analysis for SP500-25102010
Based on our trend formula, SP500-25102010 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||89.77||52wk High Date||2018-01-16|
|52wk Low||57.56||52wk Low Date||2018-10-24|