Index Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
S&P Composite 1500 Diversified Banks (Sub Ind) (CME:SP1500-40101010)
Long-Term Uptrend (+90) - SP1500-40101010 is in a strong uptrend that is likely to continue. While SP1500-40101010 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 SP1500-40101010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-40101010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-40101010
The long-term trend has been UP since Nov 9th, 2020 at 484.49
The intermediate-term trend has been UP since Apr 28th, 2021 at 708.37
The short-term trend has been UP since May 14th, 2021 at 747.83
Smart Scan Analysis for SP1500-40101010
Based on our trend formula, SP1500-40101010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||666.6||52wk High Date||2018-01-29|
|52wk Low||544.92||52wk Low Date||2018-10-24|