Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
S&P Composite 1500 Aluminum (Sub Ind) (CME:SP1500-15104010)
Bear Market Rally (-75) - SP1500-15104010 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP1500-15104010 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP1500-15104010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-15104010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP1500-15104010
The long-term trend has been DOWN since May 6th, 2022 at 139.48
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 178.92
The short-term trend has been UP since May 16th, 2022 at 140.06
Smart Scan Analysis for SP1500-15104010
Based on our trend formula, SP1500-15104010 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 137.17 | 142.53 | 137.17 | 141.43 | +4.26 |
| Prev. Close | Volume | Bid | Ask | Time |
| 137.17 | 9112690 | 2022-05-16 16:20:00 |
| 52wk High | 129.88 | 52wk High Date | 2018-01-29 |
| 52wk Low | 76.24 | 52wk Low Date | 2018-10-30 |