Index Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
S&P 500 Telecommunication Services (Industry Group) (CME:SP500-5010)
Sidelines Mode (+55) - SP500-5010 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 SP500-5010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-5010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-5010
The long-term trend has been DOWN since Jul 8th, 2021 at 155.03
The intermediate-term trend has been UP since Dec 20th, 2021 at 138.09
The short-term trend has been DOWN since Jan 11th, 2022 at 141.22
Smart Scan Analysis for SP500-5010
Based on our trend formula, SP500-5010 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||169.51||52wk High Date||2018-02-01|
|52wk Low||140.36||52wk Low Date||2018-05-09|