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Index Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
S&P 500 Utilities (Industry Group) (CME:SP500-5510)
Crossroads (-60) - SP500-5510 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-5510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-5510.
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 SP500-5510
The long-term trend has been DOWN since Feb 28th, 2020 at 310.69
The intermediate-term trend has been UP since Jul 14th, 2020 at 297.26
The short-term trend has been UP since Aug 7th, 2020 at 310.37
Smart Scan Analysis for SP500-5510
Based on our trend formula, SP500-5510 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 307.38 | 308.12 | 304.93 | 306.89 | -1.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 296.64 | 9877742 | 2020-08-14 11:00:08 |
| 52wk High | 286.94 | 52wk High Date | 2017-12-01 |
| 52wk Low | 240.4 | 52wk Low Date | 2018-02-06 |