Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
S&P 500 Semiconductors (Sub Ind) (CME:SP500-45301020)
Sidelines Mode (-55) - SP500-45301020 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 SP500-45301020?
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.
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MarketClub’s Trade Triangles for SP500-45301020
The long-term trend has been DOWN since Feb 28th, 2020 at 1073.63
The intermediate-term trend has been UP since Apr 6th, 2020 at 1070.66
The short-term trend has been DOWN since May 27th, 2020 at 1212.79
Smart Scan Analysis for SP500-45301020
Based on our trend formula, SP500-45301020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1250.32 | 1250.46 | 1237.29 | 1244.97 | -13.29 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1051.27 | 102533552 | 2020-06-01 16:20:08 |
| 52wk High | 1076.14 | 52wk High Date | 2018-06-07 |
| 52wk Low | 817.88 | 52wk Low Date | 2018-11-20 |