Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
S&P Composite 1500 Industrial Gases (Sub Ind) (CME:SP1500-15101040)
Sidelines Mode (-55) - SP1500-15101040 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-15101040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-15101040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-15101040
The long-term trend has been UP since Oct 19th, 2021 at 2090.87
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 2153.09
The short-term trend has been UP since Dec 1st, 2021 at 2161.60
Smart Scan Analysis for SP1500-15101040
Based on our trend formula, SP1500-15101040 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1180.61||52wk High Date||2018-01-25|
|52wk Low||1018.11||52wk Low Date||2018-04-02|