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Index Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
S&P Composite 1500 Technology Hardware & Equipment (Industry Group) (CME:SP1500-4520)
Weak Downtrend (-65) - SP1500-4520 is showing signs of a strengthening downtrend. Monitor SP1500-4520 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-4520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4520.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP1500-4520
The long-term trend has been UP since Oct 11th, 2019 at 1249.74
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1491.34
The short-term trend has been DOWN since Feb 18th, 2020 at 1567.63
Smart Scan Analysis for SP1500-4520
Based on our trend formula, SP1500-4520 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1378.04 | 1399.38 | 1343.14 | 1343.19 | -83.98 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1534.63 | 265448078 | 2020-02-27 16:19:57 |
| 52wk High | 1271.17 | 52wk High Date | 2018-10-03 |
| 52wk Low | 915.11 | 52wk Low Date | 2018-02-09 |