Index Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
S&P Composite 1500 Containers & Packaging (Industry) (CME:SP1500-151030)
Long-Term Uptrend (+90) - SP1500-151030 is in a strong uptrend that is likely to continue. While SP1500-151030 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Jun 3rd, 2020 at 284.68
The intermediate-term trend has been UP since Mar 2nd, 2021 at 361.49
The short-term trend has been UP since Apr 12th, 2021 at 384.36
Smart Scan Analysis for SP1500-151030
Based on our trend formula, SP1500-151030 is rated as a +90 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|