Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
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 DOWN since Feb 24th, 2020 at 12.59
The intermediate-term trend has been DOWN since May 13th, 2020 at 7.98
The short-term trend has been UP since May 18th, 2020 at 8.21
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|