Index Trend Analysis Report
Prepared for you on Friday, May 14, 2021.
S&P 500 Insurance (Industry) (CME:SP500-403010)
Countertrend Up (+85) - SP500-403010 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 SP500-403010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-403010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-403010
The long-term trend has been UP since Nov 9th, 2020 at 390.59
The intermediate-term trend has been UP since Feb 9th, 2021 at 440.45
The short-term trend has been DOWN since May 11th, 2021 at 517.13
Smart Scan Analysis for SP500-403010
Based on our trend formula, SP500-403010 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||426.24||52wk High Date||2018-01-29|
|52wk Low||353.06||52wk Low Date||2018-10-26|