Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
SPDR S&P 500 ETF Trust (GIF:SPY)
Weak Uptrend (+65) - SPY is showing signs of weakening momentum to the upside. Monitor SPY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPY.
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 SPY
The long-term trend has been UP since Jun 5th, 2020 at 313.55
The intermediate-term trend has been UP since Nov 9th, 2020 at 352.16
The short-term trend has been DOWN since Feb 18th, 2021 at 389.29
Smart Scan Analysis for SPY
Based on our trend formula, SPY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
+65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 391.86 | 391.86 | 378.51 | 380.57 | -1.77 |
| Prev. Close | Volume | Bid | Ask | Time |
| 380.57 | 0 | 2021-02-26 17:32:41 |
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