Index Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
S&P Composite 1500 Automotive Retail (Sub Ind) (CME:SP1500-25504050)
Sidelines Mode (+55) - SP1500-25504050 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 SP1500-25504050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-25504050.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-25504050
The long-term trend has been UP since Jun 3rd, 2020 at 807.64
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 1305.60
The short-term trend has been UP since Jan 13th, 2022 at 1340.15
Smart Scan Analysis for SP1500-25504050
Based on our trend formula, SP1500-25504050 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||678.96||52wk High Date||2018-11-29|
|52wk Low||486.46||52wk Low Date||2018-04-20|