Index Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
S&P 600 - Pharmaceuticals (Industry) (CME:SP600-352020)
Countertrend Down (-85) - SP600-352020 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP600-352020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-352020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-352020
The long-term trend has been DOWN since Apr 29th, 2021 at 12447.25
The intermediate-term trend has been DOWN since Aug 19th, 2021 at 11899.73
The short-term trend has been UP since Sep 17th, 2021 at 11619.56
Smart Scan Analysis for SP600-352020
Based on our trend formula, SP600-352020 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16471.8||52wk High Date||2018-08-08|
|52wk Low||9596.47||52wk Low Date||2017-12-06|