Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
S&P 500 Technology Hardware, Storage & Peripherals (Industry) (CME:SP500-452020)
Sidelines Mode (-55) - SP500-452020 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 SP500-452020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-452020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-452020
The long-term trend has been DOWN since Mar 12th, 2020 at 2947.19
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 3457.48
The short-term trend has been UP since Apr 6th, 2020 at 2813.22
Smart Scan Analysis for SP500-452020
Based on our trend formula, SP500-452020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2755.68||52wk High Date||2018-10-03|
|52wk Low||1838.82||52wk Low Date||2018-02-09|