Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, February 19, 2020.
S&P 500 Banks (Industry) (CME:SP500-401010)
Bull Market Weakness (+75) - SP500-401010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-401010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-401010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-401010.
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 SP500-401010
The long-term trend has been UP since Oct 15th, 2019 at 483.88
The intermediate-term trend has been UP since Feb 12th, 2020 at 530.01
The short-term trend has been DOWN since Feb 18th, 2020 at 521.91
Smart Scan Analysis for SP500-401010
Based on our trend formula, SP500-401010 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 519.92 | 524.13 | 519.00 | 522.33 | +5.31 |
| Prev. Close | Volume | Bid | Ask | Time |
| 531.95 | 104011086 | 2020-02-19 17:05:09 |
| 52wk High | 534.73 | 52wk High Date | 2018-01-29 |
| 52wk Low | 433.61 | 52wk Low Date | 2018-10-24 |