Index Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
S&P 500 Semiconductors (Sub Ind) (CME:SP500-45301020)
Weak Downtrend (-65) - SP500-45301020 is showing signs of a strengthening downtrend. Monitor SP500-45301020 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-45301020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45301020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-45301020
The long-term trend has been UP since Jun 2nd, 2020 at 1263.83
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 1731.19
The short-term trend has been DOWN since Feb 18th, 2021 at 1842.90
Smart Scan Analysis for SP500-45301020
Based on our trend formula, SP500-45301020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1076.14||52wk High Date||2018-06-07|
|52wk Low||817.88||52wk Low Date||2018-11-20|