Index Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
S&P Composite 1500 Consumer Electronics (Sub Ind) (CME:SP1500-25201010)
Long-Term Uptrend (+90) - SP1500-25201010 is in a strong uptrend that is likely to continue. While SP1500-25201010 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP1500-25201010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-25201010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-25201010
The long-term trend has been UP since Jun 3rd, 2020 at 875.09
The intermediate-term trend has been UP since Oct 12th, 2020 at 912.22
The short-term trend has been UP since Nov 24th, 2020 at 1061.14
Smart Scan Analysis for SP1500-25201010
Based on our trend formula, SP1500-25201010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||659.17||52wk High Date||2018-09-21|
|52wk Low||541.67||52wk Low Date||2018-05-15|