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Index Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
S&P 500 Food Beverage & Tobacco (Industry Group) (CME:SP500-3020)
Crossroads (-60) - SP500-3020 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-3020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3020.
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 SP500-3020
The long-term trend has been UP since Dec 13th, 2021 at 788.18
The intermediate-term trend has been DOWN since May 2nd, 2022 at 857.15
The short-term trend has been DOWN since May 18th, 2022 at 849.95
Smart Scan Analysis for SP500-3020
Based on our trend formula, SP500-3020 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 816.76 | 821.12 | 805.33 | 818.51 | +5.79 |
| Prev. Close | Volume | Bid | Ask | Time |
| 818.51 | 123070436 | 2022-05-20 17:03:15 |
| 52wk High | 742.94 | 52wk High Date | 2018-01-29 |
| 52wk Low | 604.67 | 52wk Low Date | 2018-05-15 |