Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

S&P Composite 1500 Construction Materials (Industry) (CME:SP1500-151020)

Countertrend Up (+85) - SP1500-151020 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP1500-151020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-151020.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP1500-151020
Open High Low SP1500-151020 Price Change
1192.88 1196.65 1173.21 1183.89 -9.60
Entry Signal

MarketClub’s Trade Triangles for SP1500-151020

long term up The long-term trend has been UP since Jul 22nd, 2020 at 1043.69

intermediate term up The intermediate-term trend has been UP since Sep 14th, 2020 at 1031.96

short term down The short-term trend has been DOWN since Oct 13th, 2020 at 1213.99

Smart Scan Analysis for SP1500-151020

Based on our trend formula, SP1500-151020 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP1500-151020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1192.88 1196.65 1173.21 1183.89 -9.60
Prev. Close Volume Bid Ask Time
1047.11 1384575 2020-10-19 17:05:52
52wk High1200.4752wk High Date2018-01-26
52wk Low710.0252wk Low Date2018-10-29
Get a free daily analysis and signals for S&P Composite 1500 Construction Materials (Industry) (SP1500-151020) - Request Your Free Report.