Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
S&P Composite 1500 Containers & Packaging (Industry) (CME:SP1500-151030)
Weak Downtrend (-65) - SP1500-151030 is showing signs of a strengthening downtrend. Monitor SP1500-151030 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-151030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-151030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-151030
The long-term trend has been UP since Sep 1st, 2021 at 414.69
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 381.24
The short-term trend has been DOWN since Nov 17th, 2021 at 392.32
Smart Scan Analysis for SP1500-151030
Based on our trend formula, SP1500-151030 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||333.7||52wk High Date||2018-01-26|
|52wk Low||246.33||52wk Low Date||2018-10-24|