Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
S&P Composite 1500 Oil & Gas Storage & Transportation (Sub Ind) (CME:SP1500-10102040)
Weak Downtrend (-65) - SP1500-10102040 is showing signs of a strengthening downtrend. Monitor SP1500-10102040 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-10102040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-10102040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-10102040
The long-term trend has been UP since Oct 4th, 2021 at 168.02
The intermediate-term trend has been DOWN since Nov 4th, 2021 at 172.55
The short-term trend has been DOWN since Nov 26th, 2021 at 167.93
Smart Scan Analysis for SP1500-10102040
Based on our trend formula, SP1500-10102040 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||190.93||52wk High Date||2018-01-24|
|52wk Low||149.94||52wk Low Date||2018-04-03|