Index Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
S&P Composite 1500 Oil & Gas Exploration & Production (Sub Ind) (CME:SP1500-10102020)
Weak Downtrend (-65) - SP1500-10102020 is showing signs of a strengthening downtrend. Monitor SP1500-10102020 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-10102020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-10102020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-10102020
The long-term trend has been UP since Sep 27th, 2021 at 414.96
The intermediate-term trend has been DOWN since Nov 10th, 2021 at 460.23
The short-term trend has been DOWN since Nov 26th, 2021 at 438.94
Smart Scan Analysis for SP1500-10102020
Based on our trend formula, SP1500-10102020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||557.14||52wk High Date||2018-10-09|
|52wk Low||402.71||52wk Low Date||2018-02-09|