Index Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
S&P Composite 1500 Food & Staples Retailing (Industry) (CME:SP1500-301010)
Long-Term Uptrend (+90) - SP1500-301010 is in a strong uptrend that is likely to continue. While SP1500-301010 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 SP1500-301010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-301010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-301010
The long-term trend has been UP since May 3rd, 2021 at 645.87
The intermediate-term trend has been UP since Oct 20th, 2021 at 699.72
The short-term trend has been UP since Oct 14th, 2021 at 685.35
Smart Scan Analysis for SP1500-301010
Based on our trend formula, SP1500-301010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||505.5||52wk High Date||2018-11-12|
|52wk Low||391.53||52wk Low Date||2018-04-02|