Index Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
S&P Composite 1500 Energy (Industry Group) (CME:SP1500-1010)
Strong Uptrend (+100) - SP1500-1010 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP1500-1010 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP1500-1010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-1010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-1010
The long-term trend has been UP since Nov 24th, 2020 at 296.75
The intermediate-term trend has been UP since Apr 28th, 2021 at 379.59
The short-term trend has been UP since Apr 26th, 2021 at 361.06
Smart Scan Analysis for SP1500-1010
Based on our trend formula, SP1500-1010 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||603.4||52wk High Date||2018-05-22|
|52wk Low||477.65||52wk Low Date||2018-11-23|