Index Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
S&P 500 Software & Services (Industry Group) (CME:SP500-4510)
Sidelines Mode (+55) - SP500-4510 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-4510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4510.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-4510
The long-term trend has been UP since Jun 2nd, 2020 at 2534.30
The intermediate-term trend has been UP since Jan 28th, 2021 at 3088.33
The short-term trend has been DOWN since Feb 17th, 2021 at 3204.49
Smart Scan Analysis for SP500-4510
Based on our trend formula, SP500-4510 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1919.52||52wk High Date||2018-07-25|
|52wk Low||1498.67||52wk Low Date||2017-12-05|