Index Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
S&P Composite 1500 - Pharmaceuticals (Industry) (CME:SP1500-352020)
Countertrend Up (+85) - SP1500-352020 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP1500-352020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-352020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-352020
The long-term trend has been UP since Mar 29th, 2022 at 1000.22
The intermediate-term trend has been UP since May 17th, 2022 at 1012.76
The short-term trend has been DOWN since May 19th, 2022 at 981.69
Smart Scan Analysis for SP1500-352020
Based on our trend formula, SP1500-352020 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||747.69||52wk High Date||2018-10-09|
|52wk Low||602.85||52wk Low Date||2018-05-03|