Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P Composite 1500 Specialty Retail (Industry) (CME:SP1500-255040)
Long-Term Downtrend (-90) - SP1500-255040 is in a strong downtrend that is likely to continue. While SP1500-255040 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 SP1500-255040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-255040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-255040
The long-term trend has been DOWN since Feb 27th, 2020 at 1134.36
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 1165.50
The short-term trend has been DOWN since Apr 1st, 2020 at 866.45
Smart Scan Analysis for SP1500-255040
Based on our trend formula, SP1500-255040 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1118.76||52wk High Date||2018-09-12|
|52wk Low||865.21||52wk Low Date||2018-04-02|