Index Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
S&P 500 Packaged Foods & Meats (Sub Ind) (CME:SP500-30202030)
Strong Uptrend (+100) - SP500-30202030 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500-30202030 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 SP500-30202030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30202030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-30202030
The long-term trend has been UP since Jun 8th, 2020 at 553.63
The intermediate-term trend has been UP since Mar 5th, 2021 at 571.89
The short-term trend has been UP since Apr 28th, 2021 at 609.51
Smart Scan Analysis for SP500-30202030
Based on our trend formula, SP500-30202030 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||578.13||52wk High Date||2018-01-25|
|52wk Low||464.56||52wk Low Date||2018-05-03|