Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P Composite 1500 Industrials (Sector) (CME:SP1500-20)
Long-Term Downtrend (-90) - SP1500-20 is in a strong downtrend that is likely to continue. While SP1500-20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP1500-20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-20.
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 SP1500-20
The long-term trend has been DOWN since Feb 25th, 2020 at 715.30
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 734.65
The short-term trend has been DOWN since Apr 1st, 2020 at 522.93
Smart Scan Analysis for SP1500-20
Based on our trend formula, SP1500-20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 514.01 | 518.31 | 501.28 | 506.32 | -9.58 |
| Prev. Close | Volume | Bid | Ask | Time |
| 540.04 | 681539378 | 2020-04-03 17:10:00 |
| 52wk High | 727.84 | 52wk High Date | 2018-01-29 |
| 52wk Low | 604.88 | 52wk Low Date | 2018-10-29 |