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Index Trend Analysis Report
Prepared for you on Thursday, May 13, 2021.
S&P 500 Consumer Staples (Sector) (CME:SP500-30)
Sidelines Mode (+55) - SP500-30 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 SP500-30?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30.
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 SP500-30
The long-term trend has been UP since Mar 26th, 2021 at 697.47
The intermediate-term trend has been UP since Mar 15th, 2021 at 676.61
The short-term trend has been DOWN since May 12th, 2021 at 720.80
Smart Scan Analysis for SP500-30
Based on our trend formula, SP500-30 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 723.36 | 723.36 | 714.38 | 714.63 | -9.56 |
| Prev. Close | Volume | Bid | Ask | Time |
| 714.63 | 119578172 | 2021-05-12 17:03:46 |
| 52wk High | 606.9 | 52wk High Date | 2018-01-29 |
| 52wk Low | 500.2 | 52wk Low Date | 2018-05-03 |