Index Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
S&P Composite 1500 Tobacco (Sub Ind) (CME:SP1500-30203010)
Sidelines Mode (-55) - SP1500-30203010 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 SP1500-30203010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-30203010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-30203010
The long-term trend has been UP since Dec 9th, 2020 at 901.65
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 1065.29
The short-term trend has been UP since Sep 23rd, 2021 at 1070.77
Smart Scan Analysis for SP1500-30203010
Based on our trend formula, SP1500-30203010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1319.42||52wk High Date||2017-12-19|
|52wk Low||955.91||52wk Low Date||2018-07-19|