Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
S&P Composite 1500 Steel (Sub Ind) (CME:SP1500-15104050)
Bull Market Weakness (+75) - SP1500-15104050 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-15104050 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-15104050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-15104050.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP1500-15104050
The long-term trend has been UP since Feb 25th, 2022 at 283.73
The intermediate-term trend has been DOWN since May 2nd, 2022 at 331.04
The short-term trend has been UP since May 25th, 2022 at 295.21
Smart Scan Analysis for SP1500-15104050
Based on our trend formula, SP1500-15104050 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 311.63 | 319.62 | 309.30 | 319.40 | +10.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 319.40 | 36338631 | 2022-05-27 16:19:57 |
| 52wk High | 202.25 | 52wk High Date | 2018-02-20 |
| 52wk Low | 147.63 | 52wk Low Date | 2018-11-28 |