Index Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
S&P Composite 1500 Tires & Rubber (Sub Ind) (CME:SP1500-25101020)
Sidelines Mode (-55) - SP1500-25101020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-25101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-25101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-25101020
The long-term trend has been DOWN since Sep 27th, 2023 at 57.15
The intermediate-term trend has been UP since Nov 7th, 2023 at 60.17
The short-term trend has been DOWN since Dec 7th, 2023 at 65.40
Smart Scan Analysis for SP1500-25101020
Based on our trend formula, SP1500-25101020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||124.42||52wk High Date||2018-01-24|
|52wk Low||68.42||52wk Low Date||2018-10-26|