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Mutual Trend Analysis Report
Prepared for you on Tuesday, May 17, 2022.
Index Funds S&P 500 Equal Weight (NASDAQ:INDEX)
Long-Term Downtrend (-90) - INDEX is in a strong downtrend that is likely to continue. While INDEX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid INDEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for INDEX.
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 INDEX
The long-term trend has been DOWN since Jan 21st, 2022 at 45.64
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 46.42
The short-term trend has been DOWN since May 6th, 2022 at 44.43
Smart Scan Analysis for INDEX
Based on our trend formula, INDEX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.22 | 42.22 | 42.22 | 43.04 | +0.98 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.22 | 0 | 43.20 | 43.20 | 2022-05-13 20:00:00 |
| 52wk High | 49.09 | 52wk High Date | 2021-11-16 |
| 52wk Low | 42.05 | 52wk Low Date | 2022-05-11 |
| Year End Close | 30.36 | Payment Date | 2019-12-18 |