Index Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
S&P 500 Semiconductors & Semiconductor Equipment (Industry Group) (CME:SP500-4530)
Bull Market Weakness (+75) - SP500-4530 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-4530 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-4530?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4530.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-4530
The long-term trend has been DOWN since Feb 28th, 2020 at 1117.96
The intermediate-term trend has been UP since Apr 6th, 2020 at 1101.06
The short-term trend has been UP since May 18th, 2020 at 1215.78
Smart Scan Analysis for SP500-4530
Based on our trend formula, SP500-4530 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1095.24||52wk High Date||2018-06-07|
|52wk Low||826.22||52wk Low Date||2018-11-20|