Index Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
S&P 500 Technology Hardware, Storage & Peripherals (Sub Ind) (CME:SP500-45202030)
Weak Downtrend (-65) - SP500-45202030 is showing signs of a strengthening downtrend. Monitor SP500-45202030 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-45202030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45202030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-45202030
The long-term trend has been UP since Jul 2nd, 2021 at 610.62
The intermediate-term trend has been DOWN since Jan 19th, 2022 at 744.86
The short-term trend has been DOWN since Jan 18th, 2022 at 757.32
Smart Scan Analysis for SP500-45202030
Based on our trend formula, SP500-45202030 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||273.6076||52wk High Date||2018-10-03|
|52wk Low||182.5735||52wk Low Date||2018-02-09|