Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
S&P Composite 1500 Tires & Rubber (Sub Ind) (CME:SP1500-25101020)
Weak Downtrend (-65) - SP1500-25101020 is showing signs of a strengthening downtrend. Monitor SP1500-25101020 as it may be building momentum to the downside.
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 UP since Oct 4th, 2021 at 88.58
The intermediate-term trend has been DOWN since Jan 24th, 2022 at 98.54
The short-term trend has been DOWN since Jan 19th, 2022 at 106.75
Smart Scan Analysis for SP1500-25101020
Based on our trend formula, SP1500-25101020 is rated as a -70 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|