Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
S&P 500 Technology Hardware, Storage & Peripherals (Sub Ind) (CME:SP500-45202030)
Long-Term Uptrend (+90) - SP500-45202030 is in a strong uptrend that is likely to continue. While SP500-45202030 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Jun 3rd, 2020 at 359.78
The intermediate-term trend has been UP since Apr 7th, 2020 at 295.08
The short-term trend has been UP since Jul 29th, 2020 at 418.01
Smart Scan Analysis for SP500-45202030
Based on our trend formula, SP500-45202030 is rated as a +90 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|