Index Trend Analysis Report
Prepared for you on Sunday, January 24, 2021.
S&P Composite 1500 Industrial Conglomerates (Sub Ind) (CME:SP1500-20105010)
Weak Downtrend (-65) - SP1500-20105010 is showing signs of a strengthening downtrend. Monitor SP1500-20105010 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-20105010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-20105010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-20105010
The long-term trend has been UP since Oct 9th, 2020 at 300.56
The intermediate-term trend has been DOWN since Jan 22nd, 2021 at 350.47
The short-term trend has been DOWN since Jan 11th, 2021 at 355.99
Smart Scan Analysis for SP1500-20105010
Based on our trend formula, SP1500-20105010 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||401.25||52wk High Date||2018-01-12|
|52wk Low||282.31||52wk Low Date||2018-11-26|