Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
S&P Composite 1500 Energy (Industry Group) (CME:SP1500-1010)
Countertrend Down (-85) - SP1500-1010 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 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.
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MarketClub’s Trade Triangles for SP1500-1010
The long-term trend has been DOWN since Mar 10th, 2023 at 625.07
The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 658.84
The short-term trend has been UP since Mar 21st, 2023 at 594.89
Smart Scan Analysis for SP1500-1010
Based on our trend formula, SP1500-1010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 612.34 | 615.30 | 598.77 | 598.81 | -13.39 |
| Prev. Close | Volume | Bid | Ask | Time |
| 612.20 | 252937692 | 2023-03-22 17:05:35 |
| 52wk High | 603.4 | 52wk High Date | 2018-05-22 |
| 52wk Low | 477.65 | 52wk Low Date | 2018-11-23 |