Index Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
S&P Composite 1500 - Pharmaceuticals (Sub Ind) (CME:SP1500-35202010)
Countertrend Up (+85) - SP1500-35202010 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 SP1500-35202010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-35202010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-35202010
The long-term trend has been UP since May 5th, 2021 at 853.33
The intermediate-term trend has been UP since Jun 10th, 2021 at 878.43
The short-term trend has been DOWN since Jun 16th, 2021 at 869.30
Smart Scan Analysis for SP1500-35202010
Based on our trend formula, SP1500-35202010 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|