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Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Utilities Select Sector Index (CME:IXU)
Long-Term Downtrend (-90) - IXU is in a strong downtrend that is likely to continue. While IXU 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 IXU?
MarketClub looks at technical strength and momentum to determine if the timing is right for IXU.
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 IXU
The long-term trend has been DOWN since Feb 28th, 2020 at 619.25
The intermediate-term trend has been DOWN since Aug 20th, 2020 at 599.01
The short-term trend has been DOWN since Sep 17th, 2020 at 595.00
Smart Scan Analysis for IXU
Based on our trend formula, IXU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 585.35 | 587.25 | 576.95 | 584.68 | -3.42 |
| Prev. Close | Volume | Bid | Ask | Time |
| 605.11 | 0 | 2020-09-21 16:18:46 |
| 52wk High | 571.96 | 52wk High Date | 2017-12-01 |
| 52wk Low | 479.09 | 52wk Low Date | 2018-02-06 |