Index Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
S&P Composite 1500 Application Software (Sub Ind) (CME:SP1500-45103010)
Sidelines Mode (+55) - SP1500-45103010 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 SP1500-45103010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-45103010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-45103010
The long-term trend has been DOWN since Mar 4th, 2021 at 2290.72
The intermediate-term trend has been UP since Mar 31st, 2021 at 2373.95
The short-term trend has been DOWN since Apr 19th, 2021 at 2522.42
Smart Scan Analysis for SP1500-45103010
Based on our trend formula, SP1500-45103010 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1472.57||52wk High Date||2018-09-14|
|52wk Low||987.86||52wk Low Date||2017-12-05|