Index Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
S&P Composite 1500 Banks (Industry) (CME:SP1500-401010)
Strong Downtrend (-100) - SP1500-401010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP1500-401010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-401010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-401010
The long-term trend has been DOWN since Feb 24th, 2020 at 503.36
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 352.88
The short-term trend has been DOWN since Sep 16th, 2020 at 354.61
Smart Scan Analysis for SP1500-401010
Based on our trend formula, SP1500-401010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||545.47||52wk High Date||2018-01-29|
|52wk Low||441.68||52wk Low Date||2018-10-24|