Index Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
S&P Composite 1500 Thrifts & Mortgage Finance (Industry) (CME:SP1500-401020)
Sidelines Mode (+55) - SP1500-401020 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 SP1500-401020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-401020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-401020
The long-term trend has been UP since Oct 23rd, 2020 at 10.30
The intermediate-term trend has been UP since Apr 12th, 2021 at 14.00
The short-term trend has been DOWN since Apr 30th, 2021 at 14.24
Smart Scan Analysis for SP1500-401020
Based on our trend formula, SP1500-401020 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.88||52wk High Date||2018-03-13|
|52wk Low||10.08||52wk Low Date||2018-10-26|