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Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
S&P 500 Banks (Industry Group) (CME:SP500-4010)
Countertrend Up (+85) - SP500-4010 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP500-4010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4010.
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 SP500-4010
The long-term trend has been UP since Nov 9th, 2020 at 269.75
The intermediate-term trend has been UP since Nov 9th, 2020 at 258.33
The short-term trend has been DOWN since Feb 26th, 2021 at 371.30
Smart Scan Analysis for SP500-4010
Based on our trend formula, SP500-4010 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 372.51 | 378.67 | 371.73 | 377.94 | +12.74 |
| Prev. Close | Volume | Bid | Ask | Time |
| 365.20 | 125868861 | 2021-03-01 15:04:38 |
| 52wk High | 374.29 | 52wk High Date | 2018-01-29 |
| 52wk Low | 303.51 | 52wk Low Date | 2018-10-24 |