Index Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
S&P Composite 1500 IT Services (Industry) (CME:SP1500-451020)
Sidelines Mode (-55) - SP1500-451020 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 SP1500-451020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-451020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-451020
The long-term trend has been DOWN since Mar 13th, 2023 at 568.20
The intermediate-term trend has been DOWN since Feb 17th, 2023 at 609.09
The short-term trend has been UP since Mar 20th, 2023 at 575.45
Smart Scan Analysis for SP1500-451020
Based on our trend formula, SP1500-451020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||500.6||52wk High Date||2018-09-21|
|52wk Low||392.19||52wk Low Date||2017-12-05|